Telus, Rogers in race to buy Mobilicity with federal approval: Reuters
Telus Corp and Rogers Communications Inc are looking to acquire wireless telecommunications provider Mobilicity, and the Canadian government is expected to approve a deal with one of the suitors, Reuters reported, citing a report by The Globe and Mail. The price range is said to be above $300 million, a source close to Mobilicity is reported to have said. Founded in 2008, Mobilicity is a portfolio company of U.S. private equity firm Quadrangle Group.
22 June 2015•2 mins read
