Industry Canada approves Telus acquisition of Public Mobile’s spectrum
telecom | 10/23/2013 10:02 pm EDT
Telus Corp. reached a deal to purchase Public Mobile Inc., and received Industry Canada's permission to acquire the new entrant carrier's spectrum licences, the companies said.
In a joint release Wednesday, the companies said the deal, which must still be approved by the federal Competition Bureau, would allow Telus to acquire “100 per cent ownership” of Public Mobile, which was seeking a buyer earlier this year, as well as its 280,000 wireless subscribers.
“Following our review of strategic options for our organization, TELUS stood out as the company most committed to strong customer service and innovation. We are confident this is the right decision for our
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