It appears that Mobilicity is weighing a number of future moves. On the heels of a report that it is in buyout talks with Globalive comes a report that it is considering going public in 2012. The Globe and Mail reports that an IPO could take place as early as Q1 2012 “provided that equity markets are less volatile.” Sources add that shares would be priced between CA$15 and CA$20, allowing Mobilicity to raise between CA$50 and CA$100 million.
The Globe‘s sources add that such a move could be the first step in a merger between Mobilicity and WIND Mobile’s parent company Globalive. Other options include using the funds to fund further expansion or preparing for the upcoming 700MHz spectrum auction.
Neither company commented on the rumours but Globalive chairman Anthony Lacavera has again reiterated his belief that “New entrant consolidation must happen.”