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Industry Canada Rejects Telus’s Attempt to buy Mobilicity: Report – CTVnews.ca

Just days after Telus was said to be making a second attempt to purchase struggling wireless carrier Mobilicity, there’s a report Ottawa has rejected the sale.

Mobilicity was in talks with Industry Canada about the potential sale of the company, but the small wireless carrier had yet to publicly identify the potential buyer.

In a report published Wednesday, The Globe and Mail cited sources who confirmed that, in a confidential communication from Industry Canada to Mobilicity, government officials rejected the proposed purchase.

Read more: http://www.ctvnews.ca/business/industry-canada-rejects-telus-s-attempt-to-buy-mobilicity-report-1.1519890#ixzz2jJaXt489

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