Wireless Carrier Public Mobile Finds a Buyer

Toronto-based Public Mobile has been acquired by venture capital firm Thomvest Seed Capital and private equity firm Cartesian Capital. The privately held wireless carrier, which provides mobile services in Ontario and Quebec, did not disclose the financial aspects of the deal. Stefan Clulow, managing director at Thomvest said: “Circumstances in the Canadian wireless industry have […]

VimpelCom Putting WIND Mobile Up For Sale

VimpelCom will be taking bids for WIND Mobile starting on March 22, according to several news reports. Toronto-based WIND Mobile is the fourth largest wireless carrier in Canada and the price of ownership will be in the $500 million to $1 billion range. In a Toronto Star report, Canaccord Genuity Canadian research head Dvai Ghose […]

IDC: Android Dominating Smartphone Market

Research firm IDC reports that Google’s Android platform is extending its dominance in the smartphone market worldwide. iPhone owners under the delusion that they were in the majority, are in fact now in the minority by a margin of 4:1. IDC reports that there were four Android phones for every iPhone shipped in the second […]