Friday, February 21, 2014

TBay Tel Shut Out of Wireless Sell Off

Tbaytel was shut out in the recent sell-off of wireless services in Canada.

The regional company participated in the auction but failed to win any bids.

Bell, Rogers, Telus and Bragg Communications received the winning bids for licenses in northern Ontario.

A total of 97
licenses were awarded to 8 companies.

The auction netted the federal government more than 5.2 billion dollars.