Cable / Telecom News

CTS 2012: New kid on the block lays out his ambitious plans for wireless

By Greg O’Brien TORONTO – As a newcomer to the wireless game, Mobilicity executive chairman John Bitove offered his “different perspective” to the Canadian Telecom Summit on Tuesday. During his luncheon keynote, the entrepreneur, who also launched XM Satellite Radio in Canada, among other businesses, noted he paid $243 million for his wireless spectrum the same week Lehman Brothers collapsed in 2008 – and then proceeded to hunt for capital for a wireless build, right in the middle of the economic downturn. “You want to talk about some sleepless nights,” said Bitove. Saying “consumers have more choice now and lower prices”...