Telus approved to buy Public Mobile
Telus to buy Public Mobile - Business - CBC News
Telus has received approval from Ottawa to acquire struggling wireless provider Public Mobile, a primarily talk-and-text service with 280,000 customers in Ontario and Quebec.
Federal Industry Minister James Moore says he has approved the transfer of Public Mobile's spectrum licence to Vancouver-based Telus and says the transaction doesn't affect competition in the wireless industry.
Moore says Public Mobile's spectrum – radio waves needed to operate cellphone networks – isn't used for the latest smartphones and data plans.
"This means Canadians will continue to benefit from quality spectrum being deployed across the country, resulting in dependable high-speed wireless services with the latest technologies at the best prices,” Moore said in a statement Wednesday.
Public Mobile bought its spectrum in 2008 and it was never under any restrictions preventing it from being sold — unlike new mobile players Wind Mobile and Mobilicity which bought a different kind of spectrum the government doesn't want sold to wireless incumbents Rogers, Bell or Telus.
Telus tried to buy struggling Mobilicity last spring, but the $380-million deal was rejected by Industry Canada.
Financial terms of the deal with Public Mobile, which launched in 2009, have not been disclosed.
Source: CBC.ca - Canadian News Sports Entertainment Kids Docs Radio TV
Re: Telus approved to buy Public Mobile
I guess there must be some spectrum compatibility.
|All times are GMT -5. The time now is 10:29 AM.|
Powered by vBulletin® Version 3.6.12
Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.