FOREIGN OWNERSHIP RULES
Before the spectrum auctions take place in 2013/2014 the Canadian Government intends to
remove all foreign ownership requirements from wireless companies that have
less than a 10% share of the mobile wireless subscribers in Canada.
Since the current “new entrants” have around 4% of the
subscribers (taken all together), this means that WIND Mobile is legitimized,
and any other “new entrant” can seek foreign investment (or an outright sale)
with a foreign investor (or wireless operator).
Also Industry Canada has not yet defined “associated”
entities that may get created to simultaneously build urban and rural
footprints.
The next year will seek some interesting “merger and
acquisition” activities in Canada!
Perhaps some global telecom operators will seek to enter the Canadian market?
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