Rogers, Bell willing to buy WIND's spectrum

By on November 15, 2009 at 1:45 PM.

Rogers, Bell willing to buy WIND's spectrum

rogers-evil

While Canadian carrier hopeful WIND might not be launching any time soon thanks to its foreign ownership structure, outsiders are already drooling at the prospect of buying up all of WIND’s spectrum in the event that it doesn’t launch. WIND CEO Ken Campbell dismissed such things as “media speculation” during our interview with him and repeated ad nauseam that WIND is currently weighing its options, but now more of its would be competitors are speaking up on what might be. Said Rogers CEO Nadir Mohamed on Friday: “Spectrum is a very valuable asset. Rogers for sure would be interested in picking it up.” Snapping up all of WIND’s spectrum wouldn’t be cheap considering it was originally purchased from Industry Canada in 2008 at a cost of $442.1 million Canadian ($420.4 million USD), but the possibility that several of the Big Three would buy it in parcels if the launch never happens remains relatively high. After all, Bell has previously said it would be willing to purchase half of WIND’s spectrum at $0.50 on the dollar.
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BGR sits down with WIND CEO Ken Campbell

By on October 31, 2009 at 1:19 PM.

BGR sits down with WIND CEO Ken Campbell

wind-interview

Canadians have long craved for a new wireless carrier to bust onto the scene and break up what is often described as the anti-competitive practices of incumbents Bell, Rogers and TELUS (aka “The Big Three”). Following Industry Canada’s 2008 auction of Advanced Wireless Services, the majority of hope was placed in a swaggering upstart which recently announced it would operate under the WIND brand name. But this Thursday, the Canadian Radio-television and Telecommunications Commission informed WIND that it that it couldn’t go live with its HSPA network. The reasoning behind the CRTC’s decision was that if felt WIND’s parent company, Globalive Wireless, did not meet the criteria set forth in the Telecommunications Act which stipulates all carriers must be majority owned and controlled by Canadians. To meet these requirements, at least 80% of the board of directors and voting shares must be controlled by Canadians and the company cannot be “otherwise controlled by persons that are not Canadian.” What the CRTC found was that Oracsom, Globalive’s Egyptian financiers, controlled 65.1% of WINDs equity, the Canadian rights to the WIND brand, carried the majority of the company’s debt and that liquidity rights were “inconsistent with the relative voting interests of the shareholders.” The situation is complex, but all is not lost for WIND. With this in mind, we sat down with WIND’s CEO Ken Campbell and asked him what the future holds.

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