CTV News is reporting that troubled cell phone company Mobilicity is in talks with Industry Canada about a buyer. The reason they’re talking to Industry Canada is that they would have to green light any sale:
“We’ve never disclosed who the prospective purchaser is,” lawyer Orestes Pasparakis said Thursday in an interview from Toronto.
“The company is in discussion with Industry Canada (about the proposed deal) and those discussions are continuing,” Pasparakis said.
Now the buyer could be with Telus. But they just bought Public Mobile and may not be in the mood to purchase another company. Besides, Industry Canada shot an attempt to buy them out of the sky a few months ago. It could be with Wind Mobile who has expressed interest in them. Or it could be with someone else. Your guess is as good as mine.
Whatever happens, it has to be done by December 20th.
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This entry was posted on October 25, 2013 at 2:57 pm and is filed under Commentary with tags Mobilicity. You can follow any responses to this entry through the RSS 2.0 feed.
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Confirmed: Mobilicity Talking To Industry Canada About A Buyer
CTV News is reporting that troubled cell phone company Mobilicity is in talks with Industry Canada about a buyer. The reason they’re talking to Industry Canada is that they would have to green light any sale:
“We’ve never disclosed who the prospective purchaser is,” lawyer Orestes Pasparakis said Thursday in an interview from Toronto.
“The company is in discussion with Industry Canada (about the proposed deal) and those discussions are continuing,” Pasparakis said.
Now the buyer could be with Telus. But they just bought Public Mobile and may not be in the mood to purchase another company. Besides, Industry Canada shot an attempt to buy them out of the sky a few months ago. It could be with Wind Mobile who has expressed interest in them. Or it could be with someone else. Your guess is as good as mine.
Whatever happens, it has to be done by December 20th.
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This entry was posted on October 25, 2013 at 2:57 pm and is filed under Commentary with tags Mobilicity. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.