| Wind Mobile is For Sale I hope that they don't sell to Bell, Rogers or Telus.
»www.cbc.ca/news/business/story/2···?cmp=rss |
|
| I don't think they can as they didn't reach the required market penetration. |
|
|
|
 elwoodbluesElwood BluesPremium
join:2006-08-30
HarperLand | reply to Rastan
They can't be sold to Robellus.
I just read this in the Globe, it's speculation by an analyst trying to make a buck on share sales. |
|
Reviews:
 ·voip.ms
 ·TekSavvy DSL
| According to the article below, they can't be sold to an incumbent until 2014. This doesn't seem like speculation to me.
»www.theglobeandmail.com/report-o···9114228/ |
|
 LazManPremium
join:2003-03-26
canada | reply to Rastan
I believe there's another year or two before they can be acquired by another carrier (incumbent or combine with one of the other new entrants).
Wind's entire plan has been to fulfil the 5 year legal obligation as part of the spectrum auction, and to get enough of a customer base to become a takeover target. There was never a plan to be a long term player in the space... |
|
 J E F FWhatta Ya Think About Dat?Premium
join:2004-04-01
Kitchener, ON
kudos:1
 ·Rogers Portable ..
·WIND Mobile
 ·Rogers Hi-Speed
·magicjack.com
| Well that sucks. So goodbye to $30/month unlimited plans, hello to $130/month unlimited plans. Roger is excellent at finding ways to nickel and dime people.
--
If you can't explain it simply, you don't understand it well enough. - Albert Einstein |
|
| reply to Rastan
If Wind gets bought by one of the Big guys such as telus bell or rogers we have no hope what so ever of lower prices and competition in this country. |
|
| We'll still have Mobilicity & Public Mobile. |
|
 GuspazGuspazPremium,MVM
join:2001-11-05
Montreal, QC
kudos:20
1 edit | reply to Rastan
It's not the first time they've changed owners, and it seems possible that nothing at all will change.
WIND was originally owned by Anthony Lacavera and Naguib Sawiris through Orascom. Sawiris sold Orascom to Vimpelcom, and Lacavera is currently in the process of transferring his shares to them too so that they can complete the sale.
Now, who does it turn it is apparently making a bid? The Globe & Mail and the Wallstreet Journal are both reporting that Lacavera and Sawiris are currently working on a bid to buy back WIND...
In other words, after all these sale shenanigans, it seems possible that WIND will end up with the same owners it started out with, but with the new ownership structure taking advantage of the new foreign ownership rules, which don't require the crazy non-voting-stock nonsense that WIND needed to be considered "Canadian" before the rules changed.
I do agree, however, that a consolidation between a few of the new entrants would put them in a greatly enhanced position to compete with the incumbents, as well as provide them with a nice bump in spectrum in all parts of Canada (including Public Mobile's network in Quebec).
--
Developer: Tomato/MLPPP, Linux/MLPPP, etc »fixppp.org |
|
| reply to Rastan
I have Fido/Koodo was thinking to port it over to Wind. somewhere in June. Now this looks bad. I have to wait now. |
|
elwoodbluesElwood BluesPremium
join:2006-08-30
HarperLand | Do it anyway, you'll still save money over sticking with robellus |
|
 GonePremium
join:2011-01-24
Fort Erie, ON
kudos:3
·Start Communicat..
| reply to Guspaz
said by Guspaz:In other words, after all these sale shenanigans, it seems possible that WIND will end up with the same owners it started out with, but with the new ownership structure taking advantage of the new foreign ownership rules, which don't require the crazy non-voting-stock nonsense that WIND needed to be considered "Canadian" before the rules changed. Ding ding ding ding ding ding. This is exactly what's happening. |
|
| reply to Rastan
FIDO's magnificent "City Plan" ended after Rogers bought them, it was the best deal in town (Toronto). I have hopes that if Rogers buys them they will still honor my $30/month unlimited data-voice everything and Canada-wide calling for at least 3 more years.
Never will another phone company come into Canada again, the ex owner of Wind, that egyptian guy once said that not even North Korea was so difficult than Canada to set up his market, to start Canada sold him the armpit of the cellphone operating spectrum, a wavelength that does not penetrate buildings and does not go far from the towers, that alone crippled WIND. The governments WANTS it like this, they want the 3 "canadian" providers to overcharge us and to keep bribing their politicians for protection against world competition.
We deserve this for no leaving the incumbets en-mass and joining our savior at the beginning. Now we will pay for our stupidity. |
|
GonePremium
join:2011-01-24
Fort Erie, ON
kudos:3 Reviews:
·Start Communicat..
| said by Xstar_Lumini:the ex owner of Wind, that egyptian guy once said that not even North Korea was so difficult than Canada to set up his market That was back before it was legal for him to actually spend any money. Things are a bit different now, and I wouldn't be surprised if he's willing to give it another go now that a lot of the things that tied his hands have been removed. |
|
 JuggernautIrreverent or irrelevant?Premium
join:2006-09-05
Kelowna, BC
kudos:2 | reply to Xstar_Lumini
I guess you could lump in Clearnet with that as well before Telus bought them.
Cope made a killing at $6B though. |
|
GuspazGuspazPremium,MVM
join:2001-11-05
Montreal, QC
kudos:20 | reply to Xstar_Lumini
said by Xstar_Lumini:FIDO's magnificent "City Plan" ended after Rogers bought them, it was the best deal in town (Toronto). Fido's CityFido plan didn't end, and is in fact still offered today. The name briefly changed to FullFido for a while, but the service remained the same. The plan that is still available today is a prepaid plan that is $39.75 for unlimited everything, with the "value pack" features included free.
The plan has not changed all that much since it was first introduced a zillion years ago, although they have done some tweaks here and there. For example, my current plan is a $30/mth CityFido plan that includes 2000 minutes instead of unlimited, which I switched to when they started offering 2000 minutes for $5/mth less than unlimited. The price has varied from $40 when it was first introduced before Rogers bought them, to $35 for a while, then $35 with the $30 option, then today back to $40 again as a prepaid service.
In fact the current $40 prepaid option is a better deal than the postpaid plan was, since the prepaid option includes the stuff you needed to pay for the value pack on, which makes it cheaper.
--
Developer: Tomato/MLPPP, Linux/MLPPP, etc »fixppp.org |
|
 Dones
join:2008-02-14
Toronto, ON | reply to Rastan
said by Rastan:We'll still have Mobilicity & Public Mobile.
Whoa... I didn't know about Public Mobile. I think I'm living under a rock. |
|
GonePremium
join:2011-01-24
Fort Erie, ON
kudos:3 Reviews:
·Start Communicat..
| said by Dones:Whoa... I didn't know about Public Mobile. I think I'm living under a rock. Don't feel bad. Most people outside of Montral have never heard of Public Mobile.  |
|
GuspazGuspazPremium,MVM
join:2001-11-05
Montreal, QC
kudos:20 | reply to Rastan
Hey, they service Toronto too :P
It does make sense that they'd be a great deal more successful in Montreal, though. Their advertising has been prominent, and they're not facing much competition since they're the only real new entrant.
--
Developer: Tomato/MLPPP, Linux/MLPPP, etc »fixppp.org |
|
GonePremium
join:2011-01-24
Fort Erie, ON
kudos:3 Reviews:
·Start Communicat..
| said by Guspaz:Hey, they service Toronto too :P
It does make sense that they'd be a great deal more successful in Montreal, though. Their advertising has been prominent, and they're not facing much competition since they're the only real new entrant. That was sort of my point.  In Montreal they are truly the only non-incumbent option. In Toronto they've got Wind and Mobilicity to drown them out. |
|
