CRTC knocks the WIND out of Globalive
Today is a sad day for the Canadian wireless industry for now CRTC for now has denied Globalive permission to operate in Canada. The decision was based on the fact that WIND aka Globalive was backed more than 50 percent financially by a Egyptian telco. It seems the AWS spectrum is dead in Canada.
The CRTC just sent out a press release about Globalive foreign ownership and stated “Globalive does not meet Canadian ownership rules”. We caught up with Tony Lacavera, Chairman of Globalive tonight… check out the phone interview (make sure your volume is turned up though).
“The Canadian Radio-television and Telecommunications Commission today determined that Globalive Wireless Management (Globalive) does not meet the Canadian ownership requirements set out in the Telecommunications Act. Under the legislation, a telecommunications company is only eligible to operate in Canada if it is not at any time owned and controlled, in law and in fact, by non-Canadians.
Fear however there is still hope; WIND has certainly set in motion something the industry cannot stop with the change of Telus and Bell already switching to HSPA, there is a posiblity Globalive could buyout Dave Wireless and merge WIND with it, or WIND could find other Canadian backing according to The Globe and Mail.
Categories: tech
Tags: AWS, CRTC, GLOBALIVE, hspa, Mobile, wind mobile
Comments: 1 Comment.
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