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 this transaction, and migrating Public Mobile’s customers onto TELUS’ world-class 4G LTE network while putting their spectrum to good use for millions of customers across Canada,” stated Eros Spadotto, TELUS Executive Vice-President.

Nearly 300,000 customers in Ontario and Quebec use Public Mobile's services, which include unlimited talk, text, Android data services and Siren music.

In early June 2013, the $380 million sale of Mobilicity to TELUS was rejected by the federal government on the condition that spectrum set aside for new entrants was not intended to be transferred to incumbents. Public Mobile's spectrum, acquired in 2008, is not under the same restriction.

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