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What happens when the auction is over?

auction happens
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What happens when the auction is over?

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Winning bidders will have to pay for 20 per cent of the spectrum they’ve won within 10 business days of the end of the auction, as well as 100 per cent of any penalties incurred. Participants can incur penalties by withdrawing bids. The remaining 80 per cent must be paid within 30 days of the auction ending.

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