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View Full Version : That's NO good! Mobilicity CEO steps down


RWDFresh
11-25-2011, 12:50 PM
Wow I just find out a little bit late Nov19/2011 ...ish! Dave Dobblin apparently will be perusing other interest...(WTF does that mean!) He's decided to move to Calgary and become a Cowboy?

Whatever!

I quote

"Startup wireless provider Mobilicity has parted ways with chief executive Dave Dobbin, with the company announcing Friday chief operating officer Stewart Lyons has been appointed CEO.

Toronto entrepreneur and founding financier in the venture, John Bitove, is also assuming the role of executive chairman.

“We offer our thanks to Dave for his contributions through our initial launch phase,” said Mr. Bitove, whose Obelysk holding company has bankrolled the new carrier alongside U.S. investor Quadrangle Capital Partners.

The management shakeup arrives as new entrants to Canada’s $18-billion market struggle to win share against entrenched incumbents Rogers, Bell and Telus and each other.

Rival Wind Mobile replaced its CEO in June only to see its sales fall short in the third quarter.

Privately owned Mobilicity said it has won a quarter of million subscribers to date and “by far” the highest average revenue per subscriber (ARPU) among startup new entrants, which include Wind Mobile and Public Mobile Inc. The company did not disclose the figure.

[*Correction: In a company release, Mobilicity said it has "attracted" 250,000 customers to date, a figure that does not account for "churn", or the number of subscribers who have left. Analyst estimates put the carrier's present subscriber base at 165,000.]"

"It's been two years since new independent providers first started appearing on the mobile landscape, but the growing pains continued with Mobilicity parting ways with its chief executive just last week. David Dobbin, the company's former president and chief executive, has been replaced by COO Stewart Lyons. Competitor Wind Mobile replaced its own chief executive, Ken Campbell, in June. Dvai Ghose, analyst with Canaccord Genuity, notes that Wind, Mobilicity, Public Mobile and other new entrants have had some trouble finding traction with Canadians despite cheaper, simpler plans than incumbents Rogers Communications Inc., BCE Inc. and Telus Corp. "They aimed to differentiate through low priced unlimited voice and data and no contracts in return for unsubsidized devices," he said in a note. "While consumers dislike complex and expensive incumbent price plans and contracts, they have also shown an unwillingness to buy unsubsidized devices."

Read more: http://www.timescolonist.com/news/mobile+entrants+struggling+with+perfect+storm/5748618/story.html#ixzz1ek07Crkt

I personally shelled a year in advance for the $40/month with all the bells and whistles.

Black friday today and where are the F'K are the deals from Mob?

LG wink for $49.99 That piece of crap is worth $0.01 at least and that

Blackberry 9300 curve don't get me started! Another piece of crap!

F'kn Canadian market. Force us to go South or elsewhere to buy and unlock

are phone's

I diffidently will not be spending my money here in Canada on these

has been phones over inflated marked up phones!!!

check out some example oversea phones

http://www.au.kddi.com/

http://www.nttdocomo.co.jp/

Gee and they wonder why no body want's to switch!

Think about it you Kiosk independent a*s wipe owners that's 70%-80% $$$$$$$$$$$ :eek:leaving your pocket and going south or elsewhere to buy a phone that work on the same network. No! you say not your loss!
:p:p:p:p:p: I guess that's why I keep seeing Kiosk owners closing down shop.

If the IPhone 5 is introduce to this market under AWS the mass would be pleased. Wind & Mob would win this battle.

IPhones to date work on AWS with the exception of no Wi-fi.

The only thing I am concerned is Wind or Mob....Hhhmmmm

flagg
11-26-2011, 07:28 AM
Technically, he was 'kindly dumped' by the board. The subscriber base isn't the whole issue. There is also issues regarding the debt take on in the last spectrum auction and having to build their own network. Not all his fault but sometimes the board has to cut the CEO loose and look for someone better.

To me this does highlight the importance of the reserved spectrum auction. Event with some set aside in the last round the cost, plus competitive pressures by discount subs of the big three, have made it very difficult for the new entrants to compete without sacrificing customer service and a good capital structure. If it doesn't happen that way again then it WILL be the end of at least one of the new entrants.

0defaced
12-07-2011, 03:34 PM
Wow I just find out a little bit late Nov19/2011 ...ish! Dave Dobblin apparently will be perusing other interest...(WTF does that mean!) He's decided to move to Calgary and become a Cowboy?

Whatever!

I quote

"Startup wireless provider Mobilicity has parted ways with chief executive Dave Dobbin, with the company announcing Friday chief operating officer Stewart Lyons has been appointed CEO.

Toronto entrepreneur and founding financier in the venture, John Bitove, is also assuming the role of executive chairman.

“We offer our thanks to Dave for his contributions through our initial launch phase,” said Mr. Bitove, whose Obelysk holding company has bankrolled the new carrier alongside U.S. investor Quadrangle Capital Partners.

The management shakeup arrives as new entrants to Canada’s $18-billion market struggle to win share against entrenched incumbents Rogers, Bell and Telus and each other.

Rival Wind Mobile replaced its CEO in June only to see its sales fall short in the third quarter.

Privately owned Mobilicity said it has won a quarter of million subscribers to date and “by far” the highest average revenue per subscriber (ARPU) among startup new entrants, which include Wind Mobile and Public Mobile Inc. The company did not disclose the figure.

[*Correction: In a company release, Mobilicity said it has "attracted" 250,000 customers to date, a figure that does not account for "churn", or the number of subscribers who have left. Analyst estimates put the carrier's present subscriber base at 165,000.]"

"It's been two years since new independent providers first started appearing on the mobile landscape, but the growing pains continued with Mobilicity parting ways with its chief executive just last week. David Dobbin, the company's former president and chief executive, has been replaced by COO Stewart Lyons. Competitor Wind Mobile replaced its own chief executive, Ken Campbell, in June. Dvai Ghose, analyst with Canaccord Genuity, notes that Wind, Mobilicity, Public Mobile and other new entrants have had some trouble finding traction with Canadians despite cheaper, simpler plans than incumbents Rogers Communications Inc., BCE Inc. and Telus Corp. "They aimed to differentiate through low priced unlimited voice and data and no contracts in return for unsubsidized devices," he said in a note. "While consumers dislike complex and expensive incumbent price plans and contracts, they have also shown an unwillingness to buy unsubsidized devices."

Read more: http://www.timescolonist.com/news/mobile+entrants+struggling+with+perfect+storm/5748618/story.html#ixzz1ek07Crkt

I personally shelled a year in advance for the $40/month with all the bells and whistles.

Black friday today and where are the F'K are the deals from Mob?

LG wink for $49.99 That piece of crap is worth $0.01 at least and that

Blackberry 9300 curve don't get me started! Another piece of crap!

F'kn Canadian market. Force us to go South or elsewhere to buy and unlock

are phone's

I diffidently will not be spending my money here in Canada on these

has been phones over inflated marked up phones!!!

check out some example oversea phones

http://www.au.kddi.com/

http://www.nttdocomo.co.jp/

Gee and they wonder why no body want's to switch!

Think about it you Kiosk independent a*s wipe owners that's 70%-80% $$$$$$$$$$$ :eek:leaving your pocket and going south or elsewhere to buy a phone that work on the same network. No! you say not your loss!
:p:p:p:p:p: I guess that's why I keep seeing Kiosk owners closing down shop.

If the IPhone 5 is introduce to this market under AWS the mass would be pleased. Wind & Mob would win this battle.

IPhones to date work on AWS with the exception of no Wi-fi.

The only thing I am concerned is Wind or Mob....Hhhmmmm

First of all, your "engrish" is sh*t. Please educate yourself to a point before spouting off like a f*cking retard.

Secondly, stop spouting off like a retard. Really.

"LG wink for $49.99 That piece of crap is worth $0.01 at least and that

Blackberry 9300 curve don't get me started! Another piece of crap!"

The LG wink is a decent $50 phone, works well. The 9300 is a solid BB, mines been running for well over a year.

So people like you, ignorant cheap and ranting, do NOT have any effect on any market, because I have a feeling you are exactly the type of customer that NO cell com provider wants to have. How about this.

Start your own network, make your own rules.

And again, still, shut up. You're really wasting internet space, and being a complete idiot.

Sit down.

/endrantoverstupid