WINNIPEG – Craig Wireless could be up for sale. Or not.
As part of its “ongoing strategic initiatives”, the company said Monday that it is continuing the process of “considering its financing options including exploring the possible financing or sale of certain assets, both domestically and internationally”.
While the outcome of such examination is not know at this point, Craig Wireless said in a statement that it “continues to consider all avenues in pursuit of opportunities to realize the accretive value of its assets by considering the potential for sale, merger, partnership, joint venture, network build-out or other business arrangement that meet the strategic goals for the Company to maximize spectrum value in all the markets that it has interests in”.
The company offers a range of telecommunications services, including broadband internet access, television programming delivery, business connectivity solutions, hosting, security and telecommunications solutions. It holds spectrum licences in B.C. and Manitoba, southern California and Greece, as well as spectrum interests in Norway and New Zealand.
