Mobilicity granted creditor protection through September

TORONTO – Struggling Mobilicity has received another extension to its creditor protection.After filing materials earlier this week with the Ontario Superior Court of Justice, the wireless carrier confirmed Wednesday that it has received a further extension under its current CCAA proceedings from June 30 to September 26, 2014. It was initially granted creditor protection last September.Mobilicity added that it’s previously announced mediation is ongoing and it "continues to be business as usual” for customers.All things considered, the company is hanging on, with 157,000 customers as of June 16th, according to the Monitor's Report, and "that management expects this number to decline...