Globalive is expected to launch as Canada’s 4th national wireless carrier by Q2 2009 announced they have secured non-recourse vendor financing from Orascom Telecom.
In other related news confirms our earlier story from September of Globalive turning to MTS Allstream for a possible partnership: Dvai Ghose of Genuity Capital Markets said “An investment in Globalive could secure more than just the upside of a new entrant for MTS. This is because MTS could sell its Allstream backhaul to Globalive Wireless and could sell Globalive Wireless services to its enterprise customer base.” More here
