The total net high bids for all licenses in the auction.

The decision, he continued, could not have been based on cost since Loral's total bid was $10 million less than its competitor's.

They declined to say how much the total bid might be.

That would bring the total bid to about $2 billion.

Besides decreasing the total bid, the new offer differs from the old one in a number of ways.

Bidders in the auction were required to pay 5 percent of their total bids by May 15.

The total bid is 2.3 billion Canadian dollars, about $1.6 billion.

As noted above, the total bids must equal 11 in order for a hand to begin.

Considering the outstanding public shares, the total bid is approximately €985 million.

"We don't plan any total bid like that," he said.