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Canada government adamant in opposing Telus bid for Mobilicity

11
Feb
2014

Canada’s federal government signaled on Monday that it was still opposed to any of the country’s established wireless companies acquiring Mobilicity, even though the startup, now under creditor protection, could cease operations without such a deal. Telus Corp has been widely expected to make a third bid to buy Mobilicity after the five-year ban on the transfer of its spectrum expires on Wednesday. A percentage of spectrum up for grabs in 2008 was set aside for newcomers such as Mobilicity, which was granted court protection from creditors in September. Telus declined to comment on whether it was planning another bid.

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