Wind, Mobility renew takeover talks: News report - Canadian TV, Computing and Home Theatre Forums
 
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post #1 of 2 (permalink) Old 2015-02-11, 02:58 AM Thread Starter
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Wind, Mobility renew takeover talks: News report

From the Financial Post:
http://business.financialpost.com/20...ction-deadline

Quote:
Wind Mobile Corp. has been talking with Mobilicity about taking over the struggling carrier, the Financial Post has learned. Mobilicity, meanwhile, has also been devising a different route through its restructuring that would allow it to sell its spectrum licences to a major wireless player, despite Ottawa’s opposition.
The story goes on to say price is a stumbling block, and that the talks are suspended as everyone awaits the results of the latest spectrum auction.
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post #2 of 2 (permalink) Old 2015-02-11, 08:41 AM
 
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Price is not the stumbling block, the problem is the Harper government.

As noted, Mobilicity's spectrum licences were obtained through special auction set-asides for non-incumbent wireless players. The Federal Government needs to enforce the rules. Mobilicity has to sell to Wind or Videotron or Shaw but cannot sell to Belus or Rogers.

If the Federal government simply enforced the rules, the sale would be done by the end of the week.
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