Cable / Telecom News

Globalive decision gives it an unfair sixth man, which is “just wrong”: Krstajic

OTTAWA - Industry minister Tony Clement created a tilted ice sheet when he overturned the CRTC decision on Globalive’s ownership, Public Mobile CEO Alek Krstajic told the House of Commons Standing Committee on Industry, Science and Technology earlier this week.Krstajic used a hockey analogy to explain the impact of the minister’s decision.““Had we known that we could have had a different structure with almost all our money coming from foreigners, we would have been able to bring on more capital and buy more spectrum,” Krstajic explained.Simon Lockie, chief legal officer and secretary for Globalive Communications Corp., said that under the...