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TAGGED AS GLOBAL TELECOM HOLDINGS S.A.E.

Federal gov’t facing second legal battle over wireless wipeout

telecom | 08/05/2016 7:11 pm EDT

The Canadian government could end up fighting a war on two fronts over the previous government’s drive to have four national wireless carriers. According to a notice on the Global Affairs Canada website, on June 6 the International Centre for Settlement of Investment Disputes registered an arbitration request from Egyptian telecom company Global Telecom Holdings S.A.E. (GTH) that “concerns GTH’s investment in Wind Mobile, over the period of 2008-2014.” GTH is claiming damages of “at least $1.32 billion CAD,” the notice said, over...