Manitoba wireless carrier Xplore Mobile is shutting down, citing regulatory delays

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 92%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Xplore Mobile Inc., a Manitoba wireless carrier, is shutting down

Xplore Mobile Inc., the Manitoba wireless carrier created out of BCE Inc.’s acquisition of Bell MTS, is shutting down, according to an internal company memo obtained by The Globe.

A spokesperson for rural internet provider Xplornet Communications Inc. did not immediately respond to a request for comment. To address those concerns, BCE, which owns Bell Canada, agreed to transfer 24,700 wireless customers, 40 MHz of wireless spectrum licences and six retail stores to Xplornet, creating a new wireless player called Xplore Mobile. BCE sold another chunk of wireless subscribers and retail stores to Telus for $300-million.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The company says it was unable to overcome the “cloud of uncertainty” created by regulatory delays and is no longer financially feasible. It will cease operations on Aug. 31. Xplornet Communications Inc. did not immediately respond to a request for comment.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines