Home Page News Briefs People Media Telecom Archives About Us
Advertising Subscribe Reuse & Permissions
The Hill Times Parliament Now The Lobby Monitor HTCareers Classifieds

Look Communications gets much-needed reprieve, seven days to find money

News | 08/07/2001 4:00 am EDT

Wireless cable operator Look Communications Inc scored a minor victory last week in its ongoing battle to remain in business. The Milton ON-based firm received a seven-day extension from the Bank of Montreal and the Bank of Nova Scotia on loan payments in order to come up with a new business plan and new financing. The extension allows Look to continue discussions with the banks and its two principal investors, Charles Sirois’ holding company Telesystem Ltd and Montreal-based BCE Inc.

To keep reading, get a free trial.

Already a Subscriber?

Reuse & Permissions

Unauthorized distribution, transmission, reuse or republication of any and all content is strictly prohibited. To discuss re-use of this material, please contact:

Customer Care, 613-688-8821 | subscriptions@hilltimes.com