Public Mobile challenges Globalive decision

TORONTO – New wireless entrant Public Mobile has filed a suit against Industry Canada’s decision to allow rival Globalive Wireless to launch, citing concerns over foreign ownership.Public Mobile said that the decision has essentially “thrown out” Canadian foreign ownership laws, and that the Government must undertake a review of foreign ownership restrictions in order to provide all wireless providers equal access to foreign capital.“We believe Cabinet’s decision is unfair to other wireless carriers, especially new entrants like Public Mobile that have played by the rules and secured substantial Canadian investment,” said CEO Alek Krstajic, in a statement. “Furthermore, while we respect...