Basix Hedge News - Telecom


Mobilicity extends auction deadline by one week

Mobilicity is extending the deadline for final bids for some or all of its assets by one week to next Monday

Fretting over past wireless ‘failures’, Ottawa aimed to freeze Big Three out of spectrum

Ottawa's strategy centred around keeping cellular airwaves specifically earmarked for new players in the sector indefinitely out of the hands of Rogers, BCE and Telus...

Mobilicity sale to Telus not approved, Industry Minister says

Mobilicity says it continues to pursue government approval for a deal to sell its spectrum licences, but all indications are that Ottawa will block the...

Mobilicity president Stewart Lyons announces departure as creditor protection extended

Mobilicity has been granted an extension to its court-ordered creditor protection until Dec. 20, the latest development in a bid to sell the debt-riddled company...

Ottawa approves Telus deal to acquire wireless startup Public Mobile

If the deal receives final approval from the Competition Bureau, Telus will take on Toronto-based Public Mobile’s 280,000 customers and integrate them on to its...

Bell’s move to track customers’ web history, TV viewing sparks probe by privacy regulator

A move by BCE Inc. to track its cellular customers’ every move and use that information for marketing purposes has prompted public complaints along with...

Private equity firm Birch Hill withdraws from Canada’s spectrum auction

Birch Hill Equity Partners has withdrawn its application to take part in an auction of prized Canadian wireless airwaves, the country’s industry ministry said on...

CRTC, Competition Bureau to work together more closely to oversee telecom competition

The CRTC and Competition Bureau are planning closer co-operation between the two federal agencies, which play complementary roles in overseeing mergers and takeovers in the...

No U.S., other larger foreign carriers to bid in Canada’s spectrum auction

No U.S. carriers will take part in next year's Canadian spectrum auction and the country's dominant three wireless players will not face competition for the...

BCE files legal challenge over Canadian roaming and cell tower-sharing rules

BCE’s Bell Mobility unit argues in the Federal Court application for a judicial review that Ottawa does not have the right to force it to...

Mobilicity in talks to transfer wireless users to Wind Mobile

The National Post has learned cash-strapped wireless startup Mobilicity is close to finalizing a deal to transfer its 200,000 subscribers — in limbo for months...

Now that Verizon isn’t coming to Canada, will consumers face price hikes?

Consumers may eventually face price creep but Canada’s big three wireless carriers won’t be able to easily retreat from the deals they’ve been offering, says...

Verizon not interested in expanding into Canada, CEO says

In the wake of announcing one of the biggest deals in corporate history, the chief executive of Verizon Communications said Monday that his company is...

Verizon agrees to buy back its 45% stake from U.K.’s Vodafone for US$130-billion

Verizon will own its wireless business outright after agreeing to a US$130-billion deal to buy the 45% stake of Verizon Wireless owned by British cellphone...

Verizon would need to invest more than $3B to build Canadian wireless network: study

Much of the costs would be weighted in building a network and establishing a mobile phone service infrastructure, especially in underserved markets, like rural areas,...

Legal action over Ottawa’s wireless policy was expected — but not from Telus: analyst

If Mobilicity or Wind Mobile had the option to sell their spectrum licences to one of the country’s three incumbent wireless carriers, analyst says, they...

Telus takes battle over Ottawa’s wireless spectrum policy to Federal Court

The legal salvo comes as Telus mounts a campaign to convince the federal government to change the rules for an upcoming spectrum auction that could...

Canadians paying 13% less on mobile phone plans: study

Prices for cellphone services — including voice and data — have decreased since last year, putting Canada in the middle of the pack internationally, a...

Mobilicity says Telus has killed takeover deal

Telus Corp. called off its plan to buy small wireless provider Mobilicity on Monday after Ottawa signalled last week that it would not allow the...

Wireless stranglehold: How Ottawa failed to break the dominance of the Big Three

With Telus saying it plans to scoop up Mobilicity for $380-million, Canada's strategy to add new entrants to the wireless industry has largely been a...