Cable / Telecom News

With structural changes in place, Globalive hopes to satisfy CRTC today, launch before Christmas

OTTAWA – This morning at 9 a.m., new wireless carrier Globalive will present to the CRTC its new corporate structure, governance, shareholder rights and financing arrangements. After a two-day hearing last week into the company’s ownership and control, which was spurred on by the incumbent operators’ complaints, Globalive (which does business on the wired side under the Yak brand) has heeded the Commission’s stated fears and believes the alterations will soothe those concerns, allowing its to launch its wireless services under the Wind brand name before Christmas.“We are confident that these changes will satisfy the CRTC,” said Anthony Lacavera, chairman...