Public Mobile trying to get bought out, Lacavera says
telecom | 03/31/2011 8:54 pm EDT
Public Mobile’s new $15 a month unlimited talk plan is a sign of a company that wants to be bought out, Anthony Lacavera, chairman of competitor Wind Mobile, said in an interview Thursday.
On Thursday Public Mobile said its is lowering its unlimited, province-wide plans, available in Toronto and Montreal, to $15 per month starting Friday. The company also announced that it is adding email service for an additional $5 per month.
But Lacavera said the pricing plan is not realistic.
“Public Mobile’s new pricing is reflective of a company that is in very much distress, in a weak market position, and a weak offering, and now they’re just in desperation to sell services below cost,” Lacavera said.
“Some consumers clearly would be attracted to that
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