06-26-2015, 11:47 AM
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#1
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Lifetime Suspension
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Wind Mobile moves to a position of strength after Rogers-Mobilicity deal
Quote:
Yesterday, Rogers announced that it would purchase Mobilicity’s business, its debts and a portion of its AWS spectrum, for $440 million. Mobilicity will continue as a standalone operation for some time, but neither company is currently saying what will happen to the 150,000 or so subscribers still operating in each of the provider’s five markets.
But perhaps the biggest news coming out of the deal was that Wind Mobile practically doubled its spectrum holdings overnight. As part of the negotiations, Rogers agreed to sell (for an undisclosed price) a portion of Mobilicity’s AWS-1 spectrum to Wind. It will also transfer, as part of an option deal to purchase all of Shaw’s AWS-1 licenses, a portion of the Calgary-based company’s spectrum to Wind, as well.
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http://mobilesyrup.com/2015/06/25/wi...y-rogers-deal/
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