The Catalyst Capital Group Inc., the private equity firm based in Toronto and the largest debt holder of struggling wireless entrant Mobilicity, has dropped out of Ottawa’s 700MHz wireless spectrum auction, as noted by a change on Industry Canada’s website, notes the Globe and Mail.
This now leaves the following 11 companies set to bid on the 700MHz spectrum, seen as ‘beach front property’ since these airwaves are able to easily penetrate building and have signals go further. With one less bidder, this means incumbent carriers now have one less competitor to deal with.
Bell Mobility Inc.
Bragg Communications Incorporated (Eastlink)
Feenix Wireless Inc. (owned by John Bitove, the founder and executive chairman of Mobilicity)
Globalive Wireless Management Corp. (official name of WIND Mobile)
MTS Inc.
Novus Wireless Inc. (2.2% owned by Concord Pacific CEO; 97.8% owned by Luxembourg Famous Star SARL, a subsidiary of Famous Star Investments Limited, which is a subsidiary of Taiwan-based ASUSTeK Computer Inc)
SaskTel announced the expansion of its 5G network to an additional 30 rural cell sites on Friday. These sites are in rural communities and highway corridors in Saskatchewan, are part of an ongoing effort to provide advanced wireless connectivity across the province. "Our government is pleased that more families and businesses who live and work...
Here are the latest Canadian cellphone plan and device deals, plus other promos from wireless carriers such as Rogers, Telus and Bell, from our partner PlanHub. As always, the promos and plans may change at the last minute, but here they are as of Wednesday, March 13, 2024. Bell Noticeable price changes: Motorola Cell Phone deals: Motorola...
Here are the latest Canadian cellphone plan and device deals, plus other promos from wireless carriers such as Rogers, Telus and Bell, from our partner PlanHub. As always, the promos and plans may change at the last minute, but here they are as of Wednesday, March 6, 2024. Bell Noticeable price changes: Sale on : TCL 502,...