Wind may acquire Mobilicity customer base, but not debt, tax-loss or spectrum. - Canadian TV, Computing and Home Theatre Forums
 
LinkBack Thread Tools Search this Thread Display Modes

post #1 of 6 (permalink) Old 2013-09-04, 10:41 AM Thread Starter
Veteran
 
Join Date: Mar 2006
Posts: 2,579
Wind may acquire Mobilicity customer base, but not debt, tax-loss or spectrum.

From financial post:
http://business.financialpost.com/20..._lsa=3b9e-49e2

If approved by Mobilicity bond-holders, customers would transfer to Wind Mobile. Little to no compensation going to Mobilicity, and existing spectrum would remain with the bond-holders in a hope of recouping loss next year when the moratorium runs out.
99gecko is offline  
Sponsored Links
Advertisement
 
post #2 of 6 (permalink) Old 2013-09-05, 12:40 AM
 
Join Date: Nov 2008
Posts: 81
http://www.edmontonjournal.com/busin...537/story.html

This article says its not true. This is so confusing. We are screwed from all directions by Big 3.

"The report that we are transferring our subscriber base to Wind is not true," said Mobilicity's chief restructuring officer Bill Aziz in a statement.
spacyfoil is offline  
post #3 of 6 (permalink) Old 2013-09-05, 08:12 AM
 
Join Date: Sep 2004
Posts: 989
Too bad. An extra 200,000 subs would have brought Wind much closer to profitability. I'd like to see a strong 4th carrier.
XM4243 is offline  
 
post #4 of 6 (permalink) Old 2013-09-05, 10:30 AM
Moderator
 
Join Date: Jun 2009
Location: Toronto
Posts: 3,899
Many of those 200,000 subs are on low-price plans which don't turn much, if any profit for Mobilicity, which is why they're in such a hole. It's also why they would consider giving the subs away.

I wonder about the network equipment. I understand Mobilicity keeping the spectrum, but the towers themselves have value but the site leases cost money, are they going to sit on those too?

They can hold the spectrum until the moratorium runs out if they wish, but there is an excellent chance that, if we still have the same government, they still won't be allowed to sell.

Rules of the Forum | DHC Help Desk
DHC now supports Tapatalk for mobile devices!
TorontoColin is offline  
post #5 of 6 (permalink) Old 2013-12-03, 01:39 PM
Moderator
 
Join Date: Aug 2005
Location: Winnipeg, MB
Posts: 11,804
Wind Mobile considers buying cash-strapped Mobilicity

Quote:
Globalive Wireless Management Corp. is taking part in the court-monitored sale process of Mobilicity, which must be concluded by Dec. 9, according to Wind CEO Tony Lacavera.

"Wind requires additional spectrum in order to advance our business plan for next generation wireless services and compete long-term on a level playing field with the big three," Lacavera said in an email.
http://www.cbc.ca/news/business/wind...city-1.2449132
Dr.Dave is offline  
post #6 of 6 (permalink) Old 2014-09-19, 10:32 PM
 
Join Date: Nov 2011
Posts: 1,460
Looks like Mobilicity has started to shut down certain cell sites and is looking for an extension for creditor protection.
yyzlhr is offline  
Reply

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the Canadian TV, Computing and Home Theatre Forums forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in









Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.



Thread Tools Search this Thread
Show Printable Version Show Printable Version
Email this Page Email this Page
Search this Thread:

Advanced Search
Display Modes
Linear Mode Linear Mode



Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome