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News | 04/17/2001 4:00 am EDT

Maxlink purchase to close soon, insiders say
Apparently a prospective buyer has stepped up to the plate and made a bid for the embattled 28 GHz licence holder, Maxlink Communications Inc. The receiver Ernst & Young has been reluctant to provide any information to Report on Wireless. Industry Canada is keeping a close eye on the deal, as the licence that Maxlink currently holds comes up for renewal in a year.

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