Wow..!! this is big news..!! Microsoft Corp. co-founder and billionaire Paul Allen has agreed to back investor John Bitove’s attempt to gain a position in the Canadian wireless industry during the spectrum auction in May.
So what does all this means..?? For the layman.. it prolly means.. another player in the market..??? $106 million deposit with financial backing from Paul Allen’s firm .. Vulcan Inc. Believing that the Canadian consumers deserve the best and most innovative wireless technology… John Bitove the chairman is very excited about the auction.
Several big names/companies has come up as bidders and one of them is telecom giants Rogers Communication. Seriously, I hope Roger doesn’t win the bid.. because we need some new players in this field.