Today was the last day for interested parties to submit their bid in the Mobilicity auction by which it hopes to sell itself to a new owner. Only WIND Mobile publicly confirmed that it was participating and it may be a while yet before we find out the outcome of the auction. In the meantime, Mobilicity and its court-appointed monitor, Ernst […]
Mobilicity
Mobilicity extends bids deadline for auction to December 16
Mobilicity, the Canadian carrier struggling to remain afloat, put itself up for auction earlier this month. The plan was to give potential bidders until December 2 to express their interest in participating and another week to put together their final bids. With that date now upon us, the company has extended the bid deadline to December 16 at 1200 noon […]
Canadian government not interested in Mobilicity ending up in Big Three hands
The Canadian federal government recently blocked TELUS from acquiring beleaguered carrier Mobilicity over concerns about “undue spectrum concentration,” especially in urban markets. The Globe and Mail has learned that it has gone further than that and privately signaled to all three incumbent carriers (Bell, Rogers and TELUS) that it will continue to oppose such a sale. Canada’s 2008 wireless spectrum […]
WIND Mobile considering another pass at acquiring Mobilicity
WIND Mobile is once again looking to acquire Mobilicity. Its parent company, Globalive Wireless Management Corp., today confirmed that it is participating in Mobilicity’s self-auction. Beyond this confirmation, Globalive provided no details about its intentions. WIND Mobile CEO Anthony Lacavera has often said that the smaller carriers needed to consolidate in a bid to take on Canada’s big three carriers […]
Bell, Mobilicity and Virgin Mobile kick off Black Friday sales today
Canadian carriers have caught the Black Friday bug! Bell, Mobilicity and Virgin Mobile just announced via Twitter that their sales have started. Bell is offering some “Samsung superphones at super prices” along with double the data on select plans. The devices on sale are the Galaxy Note 3 for CA$199.95, the Galaxy S4 for CA$79.95, the Galaxy S4 mini for […]
Mobilicity promises “crazy” Black Friday deals
Black Friday has been creeping into Canada over the last few years and while it has yet to reach the heights of shopping insanity it has in the U.S., many Canadian retailers actively participate and offer their own Black Friday deals now. Among them is Mobilicity, the beleaguered carrier looking to auction itself off early next month. CEO Anthony Booth, […]
Mobilicity sale by auction to go ahead
Mobilicity’s plan to put itself up for auction has been approved by Ontario courts and is now set to move ahead. The company is now moving quickly in a bid to “market for sale all or substantially all of the business and assets or shares of Mobilicity.” The auction will be conducted by Mobilicity and their Court-appointed monitor, Ernst & […]
Mobilicity looking to auction itself off within weeks
With two attempts to sell itself to TELUS having been rejected by Industry Canada, time is running out for Mobilicity. The beleaguered carrier remains under protection from creditors under Canada’s Companies’ Creditors Arrangement Act (CCAA) but only until December 20 at this point in time. The company has now filed a court update requesting a court authorization to auction itself […]