Mobilicity, one of Canada’s younger carriers, has been struggling of late and is looking for a buyer to take it over. It announced earlier this month that it was holding talks with “multiple parties in connection with an acquisition plan of arrangement.” Among those parties is U.S.-based Verizon Wireless which also reportedly made a US$700 million offer to WIND Mobile, […]
Mobilicity
Mobilicity in talks with “multiple parties” over acquisition
Mobilicity shareholders were supposed to be voting today on a recapitalization plan for the beleaguered carrier. Instead, the company has postponed the vote indefinitely as acquisition discussions continue. The move comes after it had already delayed the vote. The company explained today that it was holding talks with “multiple parties in connection with an acquisition plan of arrangement.” Stewart Lyons, […]
Mobilicity delays recapitalization vote by a week
Mobilicity debtholders were supposed to be voting today on a recapitalization plan for the beleaguered carrier. The company today announced that it was postponing the vote by a week as the Board is currently considering “additional potential alternatives.” According to Stewart Lyons, Mobilicity’s President and COO: “The Board has rescheduled the vote on the recapitalization plan to allow it to […]
Verizon Makes US$700 Million Offer for WIND Mobile?
It appears that Verizon’s “exploratory talks” with WIND Mobile proved positive enough to move on to the next stage. According to two The Globe and Mail sources, the US carrier has made an initial offer to acquire WIND Mobile for US$700 million. The news comes only days after Orascom withdrew its offer after “discussions with the government of Canada.” VimpelCom, the […]
Mobilicity To Vote on Recapitalization Plan on July 3, 2013
With Mobilicity’s hopes that it would be acquired by TELUS having been dashed by the Canadian government earlier this month, the beleaguered carrier is now hoping to switch gears with the proverbial Plan B, a recapitalization plan that will see the carrier reorganized in a bid to allow it to continue operating. Part of the plan will likely involve the […]
Android Jelly Bean rolling out to Mobilicity and WIND Mobile Galaxy Note II
The Canadian Samsung Galaxy Note II Jelly Bean upgrade rollout began earlier this month. As expected, the rollout has been phased with some carriers getting it before others. There is good news today for Galaxy Note II owners on the Mobilicity and WIND Mobile networks as notifications have begun to pop up on their devices. The Google Android 4.1.2 Jelly […]
Sony Xperia ZL coming to Canadian carriers “this Spring”
Sony Mobile confirmed back at CES 2013 that the Xperia ZL would launch in Canada but gave no further details. It announced today that it will launch with a number of Canadian carriers this spring. Bell, Mobilicity, MTS, Rogers, Videotron and WIND Mobile will all begin launching the device starting in April. “With the highest screen to phone size ratio […]
Canadian Samsung Galaxy Note II Jelly Bean upgrade rollout begins Wednesday
There was good news from Samsung Canada yesterday among all the tweets about the Super Bowl and The Next Big Thing. The Canadian arm of the manufacturer announced that the Jelly Bean upgrade for the Galaxy Note II would begin rolling out on Wednesday, February 6th: As you can see from the tweet, it will include Samsung’s Multi Window function […]