Indebted Canadian cellco Mobilicity has secured the necessary CAD62 million (USD50 million) funding from debtholders to place a deposit by the end-January deadline for entering the upcoming AWS-3 wireless spectrum auction scheduled for 3 March. The Globe & Mail reports that Mobilicity placed an application before the Ontario Superior Court of Justice to approve the ‘second debtor-in-possession (DIP)’ financing arrangement, structured off an earlier CAD30 million DIP financing arrangement the...