Rogers-Mobilicity deal sign of ‘benign’ regulatory environment: analyst

telecom | 06/24/2015 11:47 am EDT

Industry Canada’s approval of Rogers Communications Inc.’s bid to buy Mobilicity, as well a deal for Rogers to acquire spectrum from Shaw Communications Inc., signals an improvement in the regulatory environment for large wireless providers, analysts said Wednesday. Industry Minister James Moore confirmed Wednesday afternoon the government has approved Rogers’ purchase of Mobilicity, which has been in bankruptcy protection since September 2013, as well as Rogers’...

Catalyst calls for urgency in Mobilicity restructuring

telecom | 12/01/2014 9:58 pm EST

Recent documents submitted in Mobilicity’s court-monitored bankruptcy process indicate private-equity company Catalyst Capital Group Inc. is anxious to see a new arrangement for the wireless carrier soon. A filing from Catalyst, a secured creditor in Mobilicity, cites Jan. 30 as a key date for having a restructuring plan finalized. That is the date to which Mobilicity's bankruptcy protection was recently extended, and is also the deadline for applications to bid in Industry Canada's AWS-3 spectrum auction, which is slated to be held in March. An affidavit from Catalyst chief...