CRTC reviewing new cellphone contender
After being slapped down by the government over Globalive, the CRTCsays it is reviewing the Canadian ownership bona fides of a second newentrant to the country’s wireless market.
After being slapped down by the government over Globalive, the CRTC says it is reviewing the Canadian ownership bona fides of a second new entrant to the country’s wireless market.
The federal regulator says it will hold an internal review of Toronto-based Public Mobile to see if its complex ownership structure is Canadian enough.
The commission said the issues involving the new regional entrant are similar to new national carrier Globalive.
The CRTC said it was cognizant of the fact that Ottawa overruled its rejection of Globalive, but did not consider Globalive a precedent since the government “stated that the decision to vary is specific to the facts of this case.”
It said Public Mobile’s ownership “appears to comply” with the Telecom Act, but added “control in fact” involves equity from a number of foreign investors.