WIND “in talks to buy Mobilicity”, says Bloomberg

[ert0000]

Interesting story, then Wind will be Canada's "T-Mobile"

Wind has 400k subscribers, while Mobilicity has 250k.

Currently both they launch price war against each other like $200 port in credit, free X months etc. If both they can merge or buyout, that would be good for both companies' shareholders.

For consumers, no more time left to join any of their lifelong unlimited plans which won't last long




http://mobilesyrup.com/2011/12/20/wind-in-talks-to-buy-mobilicity-says-bloomberg/

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WIND “in talks to buy Mobilicity”, says Bloomberg
By Ian Hardy on December 20, 2011 at 4:11pm in Mobile News


A report today quoted Anthony Lacavera, WIND Mobile Chairman and CEO, that “There’s going to be new entrant shakeout in 2012.” That is a bold statement in itself and one that has been echoed throughout 2011. Lacavera said that “We obviously want to lead that” and it seems he might have been speaking about aquiring new entrant rival Mobilicity. Bloomberg reports that “according to a person familiar with the discussions” Globalive, WIND Mobile parent company, is “in talks to buy Mobilicity”. The terms of the deal has been revealed, but might may close as early as Q1 2012. Apparently the reason for considering Mobilicity is because “it uses compatible wireless frequencies”, plus it would increase their subscriber base by 50%.

It’s known that WIND currently has about 400,000 subscribers and Mobilicity has “attracted” 250,000 subscribers. Both carriers offer similar handsets, similar plans and operate in similar locations: Toronto, Calgary, Vancouver, Ottawa and Edmonton.

Both companies declined to comment on the rumour. Stewart Lyons, newly appointed Mobilicity President, stated that “We have never commented on speculation like this before and aren’t about to start now.”

Grabbing hold of Mobilicity would still not make WIND Mobile Canada’s 4th national wireless carrier, something they have strived to be from day one, as they still lack service in Quebec… what it will do is increase their distribution, which is key.
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[mybaby]

可悲。。。对消费者而言。希望不要成交。

 

[Beefburger]

这种消息满天飞，谁知道真假

Mobilicity rumoured to launch an IPO Q1 2012, looks to raise $100 million
By Ian Hardy on December 20, 2011 at 8:31pm in Mobile News


Wow, can this day get even more interesting? Over the past couple years there has been so much competition in Canadian wireless, usually between the Big 3 (Rogers, Bell, TELUS), and the new entrants. The newer players have made an impact, possibly not as strong as they initially thought, but certainly have helped drop handset prices and monthly rate plans – specifically for those located in Toronto, Calgary, Edmonton, Vancouver, Montreal and Ottawa. In addition, what they have really managed to do is make consumers intensely aware of the high cost of owning a wireless device in Canada.

With all this being said, the price of entering wireless, and competing with the incumbents, might have taken its toll on some carriers. Millions of dollars have been spent into network build outs, acquiring cell sites and ensuring customers are happy. From a subscriber level, WIND is itching towards 400,000 subs, Mobility has “attracted” a total of 250,000, Videotron racked up 253,900, and Public Mobile has 150,000.

Earlier today Bloomberg reported that WIND Mobile is “in talks to buy Mobilicity”, both companies declined to comment on the rumour. Now, coming out of left field is another possible strategy for Mobilicity. The Globe has come forward and stated their sources say that Mobilicity is tinkering with the idea of an initial public offering. If the sources are correct, then we could see an IPO early Q1 2012, coming in between “$15 to $20 per share with an eye to raising $50-million to $100-million”.

The bottom line here, if true, is that Mobilicity, legally named Dave Wireless, is looking at several options. One merging with a competitor, or the other is reaching out to the investor community/public to potentially fund future success (possibly for the upcoming 700-megahertz spectrum auction).

Stewart Lyons, President and CEO of Mobilicity, declined to comment on this rumour as well, stating that “It is business as usual”.