Orascom anticipates Globalive decision to be overturned

INDUSTRY CANADA will overturn the CRTC’s ruling against Globalive, allowing the nascent wireless entrant to begin operations later this year, according to a report by Bloomberg.The story quotes Orascom Telecom chair Naguib Sawiris at a media conference Tuesday in Cairo as saying that he believes “the ruling will be overruled”.As reported by Cartt.ca, Industry Minister Tony Clement has asked incumbent telcos and others involved in Globalive’s review process to submit additional information as he reviews the CRTC’s decision to prevent it from entering the Canadian marketplace on the basis that is not Canadian-owned and controlled.Click here for the full story.