UPDATED: Why the Rogers-Mobilicity deal is "the best strategic move" Guy Laurence has made so far

By Lesley Hunter

TORONTO – Mobilicity has accepted, and Industry Canada, the Ontario Superior Court and late Wednesday the Competition Bureau, have blessed, Rogers’ proposal to acquire 100% of Mobilicity’s ownership for $465 million, the communications giant confirmed Wednesday morning.The announcement also said Rogers will buy Shaw's unused AWS-1 spectrum for $100 million, in addition to the down payments made when an option agreement was originally announced in January 2013, and will then divest some of that spectrum to Wind Mobile. Specifically, Rogers and Wind will undertake an AWS-1 spectrum swap in Southern Ontario to create contiguous spectrum for Rogers, and Rogers will also divest certain non-contiguous AWS-1...