To the surprise of some telecom industry analysts, Ottawa has overruled the federal telecommunications regulator by finding that Globalive Wireless Management Corp. meets Canadian ownership and control requirements under law.
In a press conference Friday, Globalive chairman Anthony Lacavera said the carrier will launch service in Toronto and Calgary "as early as next week."
The Cabinet decision paves the way for Globalive's Wind Mobile brand, backed by billionaire Egyptian telecom mogul Naguib Sawris' Orascom Telecom S.A.E., to go up against the nation's big three incumbent wireless carriers.
Life is a game of blackjack. You keep playing until you bust.