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    Mobilicity calls for U.S.-style 'spectrum screen' for coming auction

    Mon, 03/05/2012 - 01:01 EDT - theglobeandmail.com
    • NEWS
    • RDF10

    Chairman John Bitove says smaller players need the protection to prevent big telecom providers from hogging valuable 700 MHz frequency

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    • Private equity firm seeks to stop Mobilicity from raising new financing

      A private equity firm is looking for the court’s intervention to stop a recent move by cash-strapped wireless startup Mobilicity to raise new debt financing. Toronto-based Catalyst Capital Group Inc. filed an application on Feb. 25 asking the Ontario Superior Court of Justice to set aside a financing agreement Mobilicity entered into on Feb. 6. As the mobile carrier seeks to shore up its financial position and with a new government auction for wireless spectrum on the horizon, the company announced on Feb. 12 that it had entered into a $75-million second lien financing.

    • Telus-Mobilicity deal was defensive play for both companies

      Teetering closer to the brink in the wake of Ottawa’s rejection of its proposed $380-million takeover by Telus Corp., wireless startup Mobilicity is  working on a plan to find a white knight rather than restructure its operations. The Vaughan, Ont.-based company doesn’t really have much choice, even though it’s likely to fetch a far lower price than Telus was willing to pay.

    • America's Broadband Opportunity: Today the administration is freeing up a chunk of new wireless spectrum

      [NOTE: This post is a reprint of an Op-Ed that ran in the Wall Street Journal on November 15, 2010]By GARY LOCKE and LARRY SUMMERSRarely is there an opportunity to simultaneously catalyze private-sector investment, help create hundreds of thousands of new jobs, and increase much needed government revenue. President Obama is seizing just such an opportunity with his commitment to nearly double the amount of available commercial wireless spectrum over the next 10 years. Today, the Department of Commerce's National Telecommunications and Information Administration (NTIA) will take the first step by announcing a plan to free up 115 megahertz (MHz) of spectrum.Spectrum is fast becoming a pillar of America's digital infrastructure. It has enabled the mobile broadband revolution. All of our smart phones, netbooks, and the "apps" they support depend on the availability of wireless spectrum.But while demand for America's spectrum resources is increasing at rapid rates—the amount of information flowing over some wireless networks is growing at over 250% per year—there has not been a corresponding increase in supply. This congestion has led to more dropped calls and slower data rates.

    • AT&T Grabs More 4G Capacity, Buys Qualcomm Wireless Spectrum

      Larry Dignan (ZDNet) submits: AT&T (T) said Monday it will acquire Qualcomm (QCOM) wireless spectrum licenses for $1.92 billion in a move that will give it more capacity for 4G services.

    • 6.04.13: Ottawa blocks transfer of Mobilicity wireless spectrum to Telus

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    • Qualcomm shuts FLO TV, sells spectrum to AT&T

      US technology company Qualcomm, after pulling the plug on its FLO TV service, announced Monday it was selling its US wireless spectrum licenses to telecom giant AT&T for over 1.9 billion dollars.Qualcomm, which announced in October it was suspending sales of FLO TV sets, said Monday that it will shut down the service, which delivered broadcast video to cellphones, entirely in March.Qualcomm said it had agreed to sell its spectrum licenses in the 700 MHz frequency band to AT&T for 1.925 billion dollars.

    • Verizon To Buy Spectrum From Cox For $315 Million

      Verizon Wireless has been spectrum shopping again. The company today agreed to buy a set of spectrum licenses from Cox Communications for $315 million. The licenses in the 20 MHz Advanced Wireless Services band cover 28 million people. The deal does not include Cox?s 700 MHz licenses. At the same time, the two companies agreed ...

    • Private equity firm can apply to set aside Mobilicity funding, judge rules

      A judge ruled Thursday that a Toronto private equity firm can proceed with an application to set aside Mobilicity’s recent financing. The Vaughan, Ont.-based wireless carrier launched its discount mobile business after spending $243-million acquiring airwaves during the 2008 spectrum auction. But it, like other new entrants to Canada’s wireless scene, has struggled to gain ground against the incumbent players Telus Corp., Rogers Communications Inc. and BCE Inc.

    • Verizon: Profit From New Spectrum Deal Now

      By Mel Daris:Spectrum acquisition is one of the primary investments made by wireless operators, accounting for the heart and soul of their operations. Wireless spectrum is a part of the electromagnetic spectrum corresponding to radio frequencies. These spectrums are licensed to operators by specific frequencies and geography.

    • Verizon Validates Clearwire's Spectrum Value

      By SR Capital:It was announced today that Verizon (VZ) is acquiring a big chunk of wireless spectrum from SpectrumCo., a consortium of cable companies (including Comcast (CMCSA) and Time Warner Cable (TXC)), for $3.6 billion (

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