Latest in Acquisition

Image credit:

Wind Mobile reportedly near acquiring Mobilicity's subscribers

Share
Tweet
Share
Save

Sponsored Links

Mobilicity lost out on its chances of a rescue from either Telus or Verizon, and there's now talk that the ailing Canadian carrier has run out of options. The Financial Post claims that Wind Mobile has nearly completed a deal to acquire Mobilicity's cellular subscribers for little to no cash. Mobilicity would only hold on its wireless spectrum and tax losses in the hopes of selling those separately. Neither of the involved companies has commented on the rumor. However, any handover would be relatively painless; when the two carriers have similar coverage and frequency support, customers almost wouldn't notice the difference.

[Image credit: Andrew Currie, Flickr]

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
Tweet
Share
Save

Popular on Engadget

Engadget's Guide to Privacy

Engadget's Guide to Privacy

View
Airbnb plans to go public in 2020

Airbnb plans to go public in 2020

View
French court rules Steam games must be able to be resold

French court rules Steam games must be able to be resold

View
‘Terminator: Resistance’ will pit you against Skynet this December

‘Terminator: Resistance’ will pit you against Skynet this December

View
‘Apex Legends’ Season 3 launches with a new hero on October 1st

‘Apex Legends’ Season 3 launches with a new hero on October 1st

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr