said by An_Onymous :

>spectrum ownership in itself is not failure. Heck they bought it at a discount, so if they fold and sell the spectrum they can easily recoup most of the investments made.

They won the bid. i.e. They paid a HIGHER price than the rest of the crowd would willing to pay for. Do you think the other operators would not low ball GlobalLive! in a fire sale? Bell already said they are going to pay $0.50 on the dollar for that.

So you statement is questionable.

said by MaynardKrebs :

So maybe Globealive offers customers a chance to become common shareholders in return for some discounts on their plans?

For argument's sake let's say that the current book value per common share is $10 each (call these the Class A common shares - this is what the current owners have).

When a customer signs up for Wind they are given an option to buy Class B common shares with the following T&C's....

$100 share plan - 10 shares of stock, automatic 2% discount on the monthly plan bill.

$200 share plan - 22 shares of stock, automatic 4% discount on the month plan

$500 share plan - 55 shares of stock (gets around the rules governing discounting of shares - any more than this and you run into trouble), 8% discount on the monthly bill.

Common to all Share Plans........

Corporate charter restriction on share ownership - Class B shares can only be owned by individuals - not corporations, holding companies, mutual funds, income trusts, or any other form of non-individual ownership. Class B shares can only be owned by Canadians residents.

All share plans give customer the right to 'top up' the number of shares purchased to 100 shares at the same discount rate appropriate to their plan.

All service Discounts last for 3 years and apply even if customer alters the original plan they signed up on (ie. downgrades service plan, adds phones, etc...).

If the stock pays a dividend, customer can opt for cash or customer shares are eligible for DRIP (dividend reinvestment plan) at 95% of the then current book value for 3 years. Class B shares are pari passu in all other respects with Class A shares (ie. voting rights, special dividends, etc....).

Get 1 million customers opting in and you've raised close to $100MM and diversified the ownership across a wide swath of Canadians. Admittedly $100MM is not a lot money-wise, but a million Canadian equity owners is nothing to sneer at. I'd take a flyer on share ownership with a deal like this.

said by Guspaz :

TekSavvy has hinted that they want to get into other domains; Satellite TV and mobile service have been mentioned by Rocky in the past. If you ask me, Wind Mobile would probably make more sense to be an MVNO with than Bellus/Rogers.

Unfortunately, Wind doesn't have the nation-wide coverage that Bellus/Rogers do (missing Quebec), and while most of TekSavvy's customers are in Ontario, there are still a decent number of us here in Quebec.

said by joshb :

I hate to say it. But in the current ownership configuration Wind is most likely doomed... They're going to need another Canadian investor to help them.

said by R0CKY :

Trust me... you can count on our already having discussed options with them on this. The obvious problem on moving forward relates to the ownership rights..... otherwise, we'd be working on a marketing plan with them by now.

said by R0CKY :

Trust me... you can count on our already having discussed options with them on this. The obvious problem on moving forward relates to the ownership rights..... otherwise, we'd be working on a marketing plan with them by now.

said by R0CKY :

Trust me... you can count on our already having discussed options with them on this. The obvious problem on moving forward relates to the ownership rights..... otherwise, we'd be working on a marketing plan with them by now.