Videotron To Buy Mobilicity?

Rumors are circulating that Videotron is interested in buying Mobilicity so that it may expand outside Quebec. Mobilesyrup has the details:

Scotia Capital’s Jeff Fan says there might be a “potential twist” brewing in the Canadian wireless scene. Fan believes that Quebecor/Videotron have signed an NDA with Mobilicity to possibly purchase their assets, which “indicates it has some interest in licenses outside Quebec.”

And:

Fan noted that Quebecor “may leverage the licenses to gain a more favorable network sharing deal with RCI (in Quebec) or become a solution to the government’s 4th operator objective in BC, AB and ON with a network sharing arrangement with Wind/Mobilicity that may also include an incumbent like Rogers.”

I discussed the possibility of Videotron becoming a 4th national carrier to challenge the big three yesterday. So if these rumors are true, this could be part of the salvation that Canadians are looking for. Though I still stand by what I said yesterday. Real relief from high cell phone costs will only come from a big carrier capable of immeidately challenging the big three coming in and setting up shop. Having said that, let’s see where this goes.

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