Cable / Telecom News

Globalive says there’s no big secret, just a bank very afraid of losing business

TORONTO – Last week we published a story touting how new wireless company Globalive (to be branded as Wind) wants its primary Canadian banker to remain not only secret, but super-secret, if and when it meets the CRTC.They would like to bring a representative from the bank in to its September 23rd hearing to tell the Commission how challenging it is for such a start-up to raise the money needed to launch in a competitive wireless marketplace dominated by three huge players, among other financial matters.(The Regulator, due to concerns voiced by a number of people and companies, is examining...