Wednesday, June 8, 2011

Globalive wins foreign ownership battle -- Cellphone market opens up?

A significant win for the Federal Government. As readers may recall I was surprised the Federal Court was prepared to second guess Cabinet. So far the decision is unavailable but I will summarize and post as soon as I have the reasons:

http://bit.ly/iRbB2D

Globalive Wireless Management Corp. can continue to operate as one of the upstarts that have changed the landscape of Canada's telecommunications industry, the Federal Court of Appeal ruled Wednesday.

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