Cable / Telecom News

Ownership reviews of Mobilicity, Public Mobile should be routine

TORONTO - Mobilicity is the latest new entrant wireless carrier to find itself in the CRTC’s ownership review crosshairs, but the company’s chief executive says it is much ado about nothing. In a letter to the Toronto-based company dated March 5th, the Commission said that while the service provider appears to comply with the legal control requirements in the Telecommunications Act, it points to a significant debt facility from foreign interests and the “sufficiently complex nature” of its ownership structure as reason to investigate whether Canadians remain in control of the company.  In ‘legalese’, this is referred to as control...