Canadian wireless upstart Mobilicity files for creditor protection
TORONTO, Sept 30
TORONTO, Sept 30 (Reuters) - Struggling Canadian wireless telecom company Mobilicity has filed for and received creditor protection as it seeks regulatory approval for a transaction that would allow it to keep operating, the company said on Monday.
Mobilicity said the transaction is currently being reviewed by Industry Canada, but did not identify the possible buyer.
- Housing, jobs data weaken, but overall economic picture still upbeat
- Target holiday cyber breach hits 40 million payment cards |
- UPDATE 3-Saab wins Brazil jet deal after NSA spying sours Boeing bid
- Zuckerberg to sell Facebook shares worth about $2.3 billion |
- Special Report: Why Ukraine spurned the EU and embraced Russia