Merger and stock market listing rumours surround Canadian cellular newcomers Wind Mobile and Mobilicity in the press this week. According to sources quoted by Bloomberg, Wind is ‘in talks’ to purchase fellow Toronto-based cellco Mobilicity, although the Globe & Mail reported that Mobilicity was also looking at an initial public offering (IPO) in early 2012, potentially to raise funds for an acquisition of its own.
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OVETEL Rumours on the Wind: Mobilicity to be acquired by rival, or is it the other way round?
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