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

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 66%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

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.

 

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

 /  🏆 6. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines