Cable / Telecom

Mobilicity raises $215M of new financing from Canadian backers

TORONTO – Just weeks shy of its first birthday, Mobilicity said Friday that it has raised $215 million through a debt offering which it says strengthens its competitive position and enhances its long-term growth opportunities.The new wireless entrant confirmed that the key investors in the new offering were National Bank Financial Inc. and GMP Securities."Mobilicity has a compelling business model and the best value proposition for consumers and we are excited about getting additional support from Canada's financial community," said president and CEO Dave Dobbin, in the