Public Mobile invested $53 million during the recent Spectrum auction and has the possibility of reaching 19 million customers that stretches from Ontario to Quebec. They are backed by a $50 million investment from OMERS and last June announced a huge $350 financing deal with ZTE Corporation and the Export-Import Bank of China to help them build out their network.
Today new-entrant Public Mobile has appointed Francois Duffar as Chairman of its Board of Directors. He was previously President of Cossette Group and helped them expand globally to reach revenues over $1 billion. In addition, Duffar was inducted into the Marketing Hall of Legends of Canada.
Alek Krstajic, CEO of Public Mobile stated “Monsieur Duffar has led an exceptional career in the communications industry in Canada and has a great knowledge of wireless customers in Canada. Francois has been an advisor to many corporate leaders around the world and I’m very fortunate to have him as my Chairman. Public Mobile is the only new entrant to offer service in both Quebec and Ontario, and François recognizes that each province has a distinct identity. His expertise provides a real voice for Quebec.”
Source: MarketWire
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