Cable & Telecom

UPDATE: CRTC’s review of Globalive’s ownership could delay launch

OTTAWA – The CRTC has decided to proceed with a review of wireless newcomer Globalive's ownership to determine whether it is truly Canadian owned and controlled.The Commission announced Monday that it will initiate a ‘Type 4’ review of Globealive’s ownership and control, given the complexity of Globalive's corporate structure and financing arrangements, Telecom Notice of Consultation CRTC 2009-429 reads.  A Type 4 review consists of an oral, public, multi-party proceeding, and occurs when the CRTC finds that a company’s ownership and governance structure “is of a complex or novel nature, such that in the Commission's view its determination would hold...