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Microcell unlikely to survive to the end of 2005, according to research brief

News | 06/23/2003 4:00 am EDT

Microcell Telecommunications Inc. is unlikely to survive until the end of 2005, indicates a recently released RBC Capital Markets research brief, obtained by Report on Wireless. RBC restarted coverage of Microcell after the wireless operator emerged from Companies’ Creditors Arrangement Act protection last month. The brief’s author, Richard Talbot, notes that liquidity is the primary concern going forward.

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