The head of Wind Mobile says he will take another look at buying Mobilicity if U.S. telecom giant Verizon puts off buying his company and struggling small competitor Mobilicity.
CEO and chairman Anthony Lacavera says his AAL Group is taking another look at Mobilicity since there could be one less bidder for it.
The Globe and Mail has reported Verizon is putting off the potential acquisition of Wind Mobile and Mobilicity and contemplating participation in the next auction for wireless spectrum — the radio waves needed to operate cellphone networks.
Lacavera, who owns a 35 per cent stake in Wind Mobile, says no matter who buys Wind, it will become Canada’s fourth national carrier.
He also says he believes Verizon is keeping all doors open until it has to put down a deposit on Sept. 17 to participate in the spectrum auction in January.
Lacavera says if Verizon takes part in the spectrum auction it could set up a wireless business on its own in Canada without acquiring Wind Mobile or Mobilicity.