Canada's Globalive ties up with Telus for Shaw's wireless business

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Canadian investment firm Globalive Capital Inc said on Thursday it has partnered with telecoms company Telus Corp to bid for Shaw Communications Inc's wireless business, Freedom Mobile.Globalive's move comes after Canada's antitrust agency planned to block telecom giant Rogers Communications Inc's $16 bil

Canadian investment firm Globalive Capital Inc said on Thursday it has partnered with telecoms company Telus Corp to bid for Shaw Communications Inc's wireless business, Freedom Mobile.

"Telus and we believe that we are a strong remedy partner for Rogers to get the Shaw merger approved. We are also satisfying the government's concerns of being the fourth carrier," Globalive Chairman Anthony Lacavera told Reuters.

 

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