TORONTO - DAVE Wireless announced today it has signed a $125-million loan agreement with ING Bank N.V. to continue building the new wireless company’s network.This long-term financing (the term was not disclosed), which was structured by ING and its affiliate ING Capital LLC, “will enable DAVE Wireless to accelerate its roll-out schedule in its service territories, which include Ontario, Alberta and British Columbia,” reads this morning’s press release.“We have made significant progress in the last year, and we are pleased to now be working with ING,” said Dave Dobbin, president of DAVE Wireless, in the release. “This attractive financing provides...
