Mobilicity out of one airwaves auction, needs cash for another: Reuters
Struggling Canadian wireless operator Mobilicity will not bid for more airwaves in one upcoming government auction and is trying to secure funding to participate in another, its court-appointed monitor said in a filing on the company's website, Reuters reported. The report also said that Mobilicity has discussed selling itself with several parties and that talks are continuing. Mobilicity is a portfolio investment of U.S. private equity firm Quadrangle Group.
26 January 2015•2 mins read
