How long will an auction take?
The Department estimates auction itself will take anywhere from several days to several weeks to complete depending upon the level of bidding activity. Provisional winners of spectrum licences will have those licences issued to them on completion of the following: (1) payment of the sum of their standing high bids and the sum of their penalties, if any; and (2) a determination by the Department that Canadian ownership and control requirements have been met. Depending on the complexity of the provisional winners’ ownership and control structures and the responsiveness of the winners in providing any required additional documentation, this determination may take several months to complete.
