Verizon Eyes Canadian Market with $700M Bid for WIND Mobile

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 […]

TELUS Deal to Buy Mobilicity Effectively Killed

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 […]

MTS To Sell Allstream to Accelero Capital for $520M

Accelero Capital Holdings has agreed to purchase the Allstream business unit from Manitoba Telecom Services (MTS). The transaction values Toronto-based Allstream, formerly AT&T Canada, at $520 million. Allstream provides enterprise-focused communications solutions to more than 50,000 businesses and employs 2,000. Naguib Sawiris, Accelero’s Non-Executive Chairman and Co-Founder, who has overseen more than $1 billion of […]

Rogers Acquires Mountain Cablevision & Wireless Spectrum Assets from Shaw

Rogers will acquire Hamilton, ON-based Mountain Cablevision and some wireless spectrum licenses from Shaw Communications in a deal valued at $700 million. Rogers now has the option to buy spectrum holdings in both 10MHz and 20MH bands, in Alberta, Manitoba, Northern Ontario, British Columbia, and Saskatchewan. Rogers, with the Advanced Wireless Spectrum (AWS) holdings, plans […]