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Wind not bidding for 700MHz licences

Telnet Networks- Managing Network PerformanceCanadian cellco Wind Mobile has withdrawn from the country’s 700MHz 4G licence auction due to start today (14 January 2014), after its foreign shareholder, Egypt-based Global Telecom Holding (GTH), itself part of the Russian-backed Vimpelcom group, reportedly declined to fund the bidding. The ten remaining bidders include eight companies already active in Canada’s cellular network operating market: Bell, Rogers, Telus, MTS, SaskTel, Videotron, Bragg Communications (Eastlink) and TBayTel. The other two are Feenix Wireless (a 100%-owned company of Mobilicity chairman John Bitove, whose Obelysk investment firm owns a majority voting share and minority equity share in the financially stricken cellco) and Novus Wireless, part of Novus Entertainment, a provider of fibre internet, TV and digital phone services in Vancouver and surrounding areas of British Columbia.

Thanks to TeleGeography for the article.

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