Public Mobile

Canada’s Telus to acquire rival Public Mobile

Canadian operator Telus has agreed to acquire 100 per cent ownership of rival Public Mobile. Telus currently has 7.7 million subscribers, as of September 2013, according to WCIS+, shy of the 7.73 million subscribers that second placed operator Bell Wireless has on its network.

Canada’s Public Mobile under new ownership

Canadian mobile operator Public Mobile has been acquired jointly by Toronto-based investment vehicle Thomvest Seed Capital, and Cartesian Capital, a New York-based private equity firm. Thomvest is now the company’s controlling shareholder and the two firms’ investment has taken Public Mobile to a cash flow positive position.

Canadian MNOs withdraw from CWTA over balance of power

Smaller operators and new entrants to the market appear to be growing increasingly frustrated by the power wielded by the industry’s big players. This trend was evident this week, as three of Canada’s smaller operators announced their withdrawal from industry body the Canadian Wireless Telecommunications Association (CWTA).

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