Cable / Telecom News

Globalive fears for its backers, wants total identity protection

OTTAWA-GATINEAU – Nascent wireless company Globalive is so worried about protecting the identity of its financial backers that this week it has asked the CRTC for what looks like CSIS-level security if and when those financiers do meet the Commission.In a three-page letter to the Commission, Globalive doesn’t just want their competitive financial information kept confidential, but “requests that the Commission treat as confidential the name and other identifying characteristics of a Canadian financial institution (the Bank), or any other financial institution, which may provide witness to appear at the hearing to discuss Globalive’s financing plans,” reads the letter, dated...