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Mobilicity bidding deadline extended by a week

Indebted Canadian cellco Mobilicity has extended the bidding deadline for a court-sanctioned sale of all or some of its assets until midday 16 December 2013, from the previous date of 9 December, local website MobileSyrup reports, citing court documents. Potential bidders had been given until 2 December to express their interest. The only potential suitor to have publicly announced its interest so far has been rival Wind Mobile, while the country’s three nationwide cellular incumbents are banned from participating by federal policy. As previously reported by CommsUpdate, Mobilicity’s court-sanctioned creditor protection expires on 20 December.

Thanks to TeleGeography for the article.

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