Globalive Wireless Management Corp.’s quest to get into the Canadian market today received a major boost from Industry Canada, which ruled that the company is free to enter Canada’s wireless market. The decision, which is effective immediately, overturns an earlier CRTC ruling rejecting Globalive’s application for a licence to operate in Canada. In October, the CRTC ruled that Globalive’s did not meet ownership rules because a substantial amount of its stake is owned by Orascom Telecom Holding, an Egyptian company. In the cabinet decision overturning the CRTC’s ruling, Industry minister Tony Clement said that Globalive meets Canadian ownership rules as stipulated in the Telecommunications Act. As well, the cabinet decision is not a circumvention of Canadian ownership rules, the government insisted. “Our goal has always been greater competition in the telecommunications industry, which leads to lower prices, better service and more choice for consumers and business,” said Clement. Globalive’s entry into the wireless market ups the competition for incumbent players like Rogers, Telus and Bell, who control 95% of the market share. Tech Media Reports will bring you more on this story later.