BCE’s new investment arm to fund emerging wireless Internet ventures
News | 02/19/2001 5:00 am EST
BCE Inc has diverted $30 million from its main venture fund to create a new R&D and investment pool for wireless Internet and data companies. Unveiled Feb. 12, Bell Mobility Investments (BMI) will act as the primary investment vehicle for Bell Mobility, which will be looking to take minority equity stakes in companies on the verge of commercializing wireless Internet or data technology.
This content is available to wirereport.ca subscribers
Already a subscriber? Sign in here
Unlock all the Canadian telecom, broadcasting and digital media news you need.
Take a free trial or subscribe to The Wire Report now.
Two weeks free access to thewirereport.ca and our exlusive newsletters.
Unlimited access to thewirereport.ca and our exlusive newsletters.