Wind submits bid for Mobilicity, half the value of Telus bid, source says

19 Dec 2013

Canadian cellco Wind Mobile has submitted a bid for the assets of smaller rival Mobilicity under the latter’s court-sanctioned auction process, valued at around half of the CAD380 million (USD357 million) takeover offer from nationwide incumbent Telus which was blocked earlier this year, according to a person with knowledge of the matter quoted by Bloomberg, who asked not to be identified because the process remains private.

Canada, Globalive Wireless (Wind Mobile), Mobilicity,

Subscribe

Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate

Feedback

Have feedback, corrections, or story ideas? Send them to editors@commsupdate.com.

Browse Past Issues

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share