Industry Canada rejects Telus’ second bid for Mobilicity

Ottawa has rejected another attempt by Telus to buy financially struggling wireless carrier Mobilicity. Industry Minister James Moore says the transaction wasn’t approved for a second time. The federal government had killed a similar bid from Telus last June. Telus declined to comment on its latest attempt to buy the Toronto-based Mobilicity. Mobilicity also wouldn’t […]

Ottawa has rejected another attempt by Telus to buy financially struggling wireless carrier Mobilicity.

Industry Minister James Moore says the transaction wasn’t approved for a second time. The federal government had killed a similar bid from Telus last June.

Telus declined to comment on its latest attempt to buy the Toronto-based Mobilicity. Mobilicity also wouldn’t comment if it had been in talks again with Telus.

Ottawa did not give reasons for the rejection, instead repeating that it won’t approve a sale that decreases competition in Canada’s wireless industry. A spokeswoman for Moore says the government will continue to enforce the moratorium on the transfer of spectrum – radio waves needed to operate cellphone networks – which was set aside specifically for new startup wireless companies in 2008.

Last week, Telus was given federal approval to buy small talk-and-text provider Public Mobile, which was not under any sale restrictions.

Mobilicity launched in 2010 and has about 215,000 no-contract cellphone customers operating in Toronto, Ottawa, Calgary, Edmonton and Vancouver.

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