Tuesday, 06 December 2016

Canada's Wind attracts PE investor

By Mary Lennighan, Total Telecom
Wednesday 30 July 14

Providence Equity Partners said to be considering buying a stake in struggling Canadian mobile operator.

Providence Equity Partners is reportedly considering acquiring a stake in struggling Canadian telco Wind Mobile. The private equity firm could provide Wind with the financial backing it needs to acquire new spectrum and establish itself as a credible competitor in the Canadian mobile market, Bloomberg reported on Tuesday, citing unnamed sources. Like fellow market minnow Mobilicity…

Providence Equity Partners is reportedly considering acquiring a stake in struggling Canadian telco Wind Mobile. The private equity firm could provide Wind with the financial backing it needs to acquire new spectrum and establish itself as a credible competitor in the Canadian mobile market, Bloomberg reported on Tuesday, citing unnamed sources. Like fellow market minnow Mobilicity…

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