Cable / Telecom News

It’s official for Globealive

TORONTO - Globalive Wireless Management Corp. has “officially” received its wireless spectrum licenses from Industry Canada. The wireless newcomer, which offers the Yak long distance product, VOIP and third-party ISP services, purchased its spectrum at last May’s advanced wireless services spectrum auction for $442 million. But its licenses were awarded on a provisional basis, after wireless incumbents Rogers Communications and Telus complained that the company’s ownership structure violated the Canadian legislation which says telecom companies must be majority-owned by Canadians. (Parent company Globalive Communications is co-owned by Orascom, a global wireless player based in Egypt with over 77 million wireless...