Catalyst Welcomes TELUS Purchase of Mobilicity
Canadian private equity firm Catalyst Capital Group welcomed the recent agreement in which TELUS Corp. will acquire Toronto's Mobilicity, a.k.a. Data & Audio-Visual Enterprises Wireless Inc. for $380 million. The firm is Mobilicity's largest debt holder. Catalyst also expressed the view that Canada's wireless sector "can support an independent, strong, national fourth carrier" and offered its restructuring and telecom expertise to "the right player.
17 May 2013•2 mins read
