Public Mobile is continuing their quest and looking for answers about the recent Globalive (Wind Mobile) decision. Last week they asked the Federal Court to overturn the decision that allowed Globalive to launch. CEO Alek Krstajic stated “We believe Cabinet’s decision is unfair to other wireless carriers, especially new entrants like Public Mobile that have played by the rules and secured substantial Canadian investment. Furthermore, while we respect the Government’s authority we believe what it has done amounts to a change in law, and only Parliament can change Canadian law.”
Today Krstajic appeared on U.S. based FOX Business Network to discuss the issue and why “if we are going to allow Egyptian money, surely we should allow U.S. money to qualify as well… we think competition is great. We just want to make sure that we can have that same access to foreign capital that others players have… we just think that we should have fair rules and allow the Americans to come north and invest… we’d love to see U.S. capital classified the same way… surely our Governments intent is not to put Egyptian capitol ahead of U.S capital… that would be a travesty”.
Sounds like Public Mobile is looking for some sweet Benjamins…Thoughts?
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