Here We Go Again: Telus Trying To Acquire Mobilicity….. And So Is Rogers

For those of you at home who are keeping score, Teius has tried a number of times to buy struggling carrier Mobilicity and each time they’ve failed. Well, they’re at it again. But this time there’s a twist. Here’s what the Financial Post had to say:

The Financial Post has learned that the Vancouver-based wireless incumbent recently submitted the terms of a proposed transaction to the federal government in which it would purchase Mobilicity while agreeing to transfer the ownership of some of the new entrant’s coveted spectrum licences to its arch rival Wind Mobile, which could use the additional access to wireless airwaves despite bulking up in a March auction.

I’m not entirely sure that Ottawa would go for this as it would be a dramatic about face from a policy perspective. But stranger things have happened and this is an election year in Canada. Thus all bets are off. But there’s more to this story:

The Globe and Mail has reported that Rogers Communications Inc. also submitted a proposal to Ottawa inquiring about a possible purchase of Mobilicity. A spokesperson for Rogers declined to comment.

Hmmmm….. That’s also very interesting. It’s clear that there’s a race to snag this carrier. The question is, does either one of these members of the big three have the ability to close the deal, or will there be yet another plot twist that nobody saw coming?

Leave a Reply

Discover more from The IT Nerd

Subscribe now to keep reading and get access to the full archive.

Continue reading