TELUS Gains Gov’t Approval to Buy Wireless Carrier Public Mobile

Public Mobile has been acquired by TELUS for an undisclosed sum, after gaining approval from the Canadian federal government on October 23. James Moore, Federal Industry Minister, said the transfer of Public Mobile’s spectrum licence to TELUS posed no significant threat to competition within the wireless industry. “We look forward to the successful completion of […]

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 […]