Cable / Telecom News

Foreign ownership rules must be clarified, says Globalive’s Lacavera


TORONTO – It’s all in the wording, or perhaps the lack of it.  According to Globalive, parent company of wireless upstart Wind Mobile, the real problem with Canada’s telecommunications foreign ownership rules is that their lack of clarity leaves them open to interpretation.“The (Telecommunications) Act, as it is written, is very confusing if you’re not living it and breathing it every day”, said Globalive and Wind chairman Anthony Lacavera, in an interview with Cartt.ca. “The Act is unfortunately worded with a double negative – ‘a company cannot be controlled by non-Canadians’. That needs to be clarified.”Lacavera was responding to a...