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TELUS on Globalive: “I’ve never seen something like this”
It’s only hours away from the anticipated CRTC hearings that are looking into Globalive’s foreign ownership. TELUS, Rogers and Bell will be in attendance in Quebec over the next couple days to fully understand how Globalive/WIND is structured.
Globalive was almost unknown in the wireless space until last year when they invested $442 million during the Wireless Spectrum Auction. We’ve discussed several times that a portion of these funds were made available by Eygptian based wireless giant Orascom. They operate Wind Telecomunicazioni SpA in Italy and Greece and have 17 million mobile subscribers.
There has been words exchanged by all parties involved, not just with Globalive’s foreign ownership issues but with Dave and Public Mobile. Such words exchanged as Game Playing, “This is about fat cats looking to get fatter” and even “extremely distasteful and disappointing”.
We had the opportunity to connect with Ted Woodhead, TELUS VP of Telecom Policy & Regulation today. He gave us a bit more insight and clarity when it comes to understanding TELUS’ point of view. Woodhead stated about how Globalive is set up as “I’ve never seen something like this”.
The hearings start tomorrow at 9:00am and we will keep you posted on all the happenings. Check out the interview here:
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6 comments for “TELUS on Globalive: “I’ve never seen something like this””
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Good interview. Great to hear from the horse’s mouth.
Look forward to reading and hearing more in the next two days of CRTC review.
Keep up with the good work!!
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I don’t really care who owns them… I want some competition around here. I wish the government didn’t care so much either.
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I’m confused after listening to that…. if Globalive is supposed to have this CRTC hearing as required for their license, why is it that Telus and the other incumbents are the one requesting it? Why has the CRTC not asked them to do it already as part of the approval process to be up and running? I don’t quite understand why Telus, Rogers, and Bell are apparently doing the job of the government for them.
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So Telus is doing this all to protect us helpless citizens from evil foreigners. Thanks Telus!!
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Theninjasquad doesn’t really care who owns gloablive, but then Telus or Bell should be allowed to be bought up by Verizon or AT&T. Well, that can’t happen under the foreign ownership rules right now.
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theninjasquad Reply:
September 23rd, 2009 at 7:17 am
I realize that, but I’m open to that option as well. Or at least if they change the restrictions for the current 20% to something higher. This has been the stumbling block for getting new entrants into the system in the past. Its expensive to start a telco company, how can the government expect Canadian companies to just start from scratch and do it?
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