Cable / Telecom News

Telus drops bid for Mobilicity: report


TORONTO – The third time does not appear to be lucky for Telus and Mobilicity.According to a report Wednesday in the Globe and Mail, Telus has heeded a warning by Ottawa and backed away from its third attempt to takeover the struggling wireless carrier.The Globe said that the federal government had threatened that if Telus persisted in going after Mobilicity, Ottawa would redesign an April, 2015, auction of 2,500 Mhz frequencies to effectively bar Telus from acquiring any of this spectrum.The report goes on to quote an unnamed source who claims that the Vancouver-based teleco sent word of its decision to Mobicility on...