PE-backed Wind Mobile acquires new wireless spectrum for $56.4 mln
Canadian wireless services provider Wind Mobile has bought 30 megahertz of new wireless spectrum in the government's recent auction. According to Industry Canada, the company paid $56.4 million for the assets. Wind Mobile said the purchase will enhance its network and boost performance for subscribers. Last September, Globalive Capital, the investment vehicle of Wind Mobile Chairman Anthony Lacavera, acquired Vimpelcom Ltd‘s stake in the company with the financial support of West Face Capital, Tennenbaum Capital Partners, LG Capital Investors, Serruya Private Equity and Novus Wireless Communications.
6 March 2015•2 mins read
