Cable / Telecom News

Industry Minister “carefully” reviewing CRTC’s Globalive decision. Wants more input by November 18

OTTAWA – In a letter to incumbent telcos and others involved in the recent review of Globalive’s ownership by the CRTC, Industry Minister Tony Clement has asked for even more information as he examines the Commission’s call on the prospective new wireless entrant.On October 29 the CRTC decided that since Egypt-based Orascom Telecom owned 65% of the equity in Globalive and virtually all of the debt, that the company was not Canadian controlled and could not operate as a telecom company in Canada. Our Telecom Act says our telcos, cablecos and broadcasters have to be majority Canadian-owned and controlled.The CRTC...