Catalyst Capital Accuses Former Wind Mobile Owners of Conspiracy, Seeks $750M In Damages
Catalyst Capital Group is suing Wind Mobile founder’s investment firm Globalive Capital and a consortium of investors of conspiracy and breaching an exclusivity agreement — all that just to buy Wind Mobile for themselves. The court documents filed in the Ontario Superior Court of Justice this week, obtained by the Financial Post, show Catalyst’s version...
Smartphone Ownership in Canada Increases to 68% According to Catalyst
Canadian search marketing firm Catalyst has released their latest report on mobile usage to note smartphone ownership has jumped from 55 to 68 percent from 2014-2015 in Canada. Growth was strongest in the age ranges of 25-34 and 45-54, while millennials in the 18-24 age group saw the highest number of apps used at 8.88...
Catalyst Capital Willing to Finance Mobilicity Spectrum Bid
In an effort to an further consolidate smaller Canadian carriers, Newton Glassman’s Catalyst Capital Group has said that it is prepared to finance Mobilicity’s bid for additional wireless airwaves, along with other willing creditors. According to the Financial Post, Mr. Glassman has said that participating in the federal government’s auction of wireless airwaves next year is "the only way to...