Verizon Communications is prepared to pay $700 million for WIND Mobile, and is also considering an acquisition of wireless startup, Mobilicity. The Globe and Mail reports on June 26th that two sources have confirmed that the US wireless giant has an “inital offer on the table.” Since WIND Mobile has a market share well under [...]
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 [...]
One of the key components in TELUS buying Mobilicity for $380 million was acquiring valuable wireless spectrum that all Canadian mobile carriers are seeking. However, the federal government will not allow Mobilicity to transfer its wireless spectrum to TELUS, it was announced at a news conference in Ottawa on June 4th. Industry Minister Christian Paradis [...]
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 [...]
Grocery shoppers at Loblaw’s stores will have a chance to add Mobilicity cell phones to their shopping baskets starting on Sept. 4th. The Toronto-based wireless carrier is expanding its retail distribution network to include almost 50 Prepaid Cell Phone Express kiosks at select Loblaw’s locations across Canada. The shelves will be stocked with a variety [...]
In the case of WIND Mobile and its compliance with Canadian ownership rules, the Supreme Court of Canada (SCC) has decided that no violation has occurred. The decision goes against rival wireless company Public Mobile, seeking to prevent Globalive Wireless Management Corp. from offering a national cellular service under the WIND brand because of foreign [...]
The number of wireless telephone subscribers in Canada topped 25.5 million at the end of September 2011 according to numbers compiled by industry trade group, the Canadian Wireless Telecommunications Association (CWTA).
That number was up 6.2% from 24 million at the end of September 2010 and up just under 4% year to date.
ata” on their cheaper voice and text plans and free data on their more expensive $45 a month plan.
The alternate wireless company offers four voice text plans which range in price from $25 to $55 per month in Toronto, Ottawa, Calgary, Edmonton and Vancouver.