TORONTO – For those hoping Wind Mobile would continue to build from struggling start-up into a strong, fourth national wireless competitor, those hopes were dealt a major blow Monday when Globalive Wireless, Wind’s parent in Canada, officially pulled out of the 700 MHz wireless spectrum auction beginning Tuesday.In a statement released Monday afternoon, the Canadian wireless upstart said "Wind Mobile’s shareholder VimpelCom decided not to fund Wind Mobile’s participation in this auction, but confirmed that it remains in discussions with the federal government and Wind Mobile’s other shareholder AAL Holding to craft a path forward that will continue to build...
