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Canada Sets World Record for Prices of Mid-Band Spectrum Licenses

August 2, 2021 – Canada’s recently completed 5G auction of 3.5 GHz licenses – results announced July 29, 2021 – blasted through the previous high-water market for mid-band spectrum licenses. The total of C$8.91 billion (US$7.13 billion) in revenues for an average of 125 MHz per market in the 3450-3650 MHz range represents a record…