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TELUS Corp Back In Acquisition Talks With Mobilicity-Reuters


Tuesday, 1 Oct 2013 08:51am EDT 

Reuters reported that Telus Corp, is in talks with Mobilicity to revive a plan for Telus to purchase the struggling smaller player. The newspaper report, which cited unnamed sources, came after Mobilicity won protection from its creditors on September 30, 2013 and said it was seeking regulatory approval for a transaction that would allow it to keep operating. In June, the Telus bid for Mobilicity was effectively blocked by the federal government, which wanted to ensure there were four wireless competitors in each region. 

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19 Dec 2014