{"id":3329,"date":"2010-03-09T06:20:00","date_gmt":"2010-03-09T11:20:00","guid":{"rendered":"http:\/\/mhgoldberg.com\/blog\/?p=3329"},"modified":"2017-01-24T14:12:32","modified_gmt":"2017-01-24T19:12:32","slug":"ownership-reviews","status":"publish","type":"post","link":"https:\/\/mhgoldberg.com\/blog\/?p=3329","title":{"rendered":"Ownership reviews"},"content":{"rendered":"

As if cued by yesterday morning’s supplementary blog post about the CRTC’s review of how much maple syrup is running through the veins of Public Mobile, the Commission issued a release<\/a> about its review of Mobilicity (the\u00a0service provider\u00a0formerly known as DAVE).<\/p>\n

The CRTC indicated that Mobilicity also has a relatively complicated ownership structure meriting\u00a0further review under Type 2 procedures (see yesterday’s post for more info about these categories)\u00a0and there was a lot of supplementary information already put on the public record as an attachment to the Commission’s letter [pdf<\/a>, 250KB].<\/p>\n

For example, slightly more than 75% of the equity\u00a0is coming from outside Canada, although that investor is getting less than a quarter of the votes. About half the debt is coming from vendor financing of the equipment.<\/p>\n

While the CRTC is saying that Mobilicity “appears to comply with the legal control requirements of the Act,” it\u00a0still needs to\u00a0review\u00a0the “control in fact” to see if there are other ways that company might be controlled by non-Canadians [recall the double negative language in the Telecom Act].<\/p>\n

the Commission will apply the existing jurisprudence relating to determinations of control in fact, while taking into consideration that when the Government varied Telecom Decision CRTC 2009-678, it stated that the \u201cdecision to vary is specific to the facts of this case\u201d.<\/p><\/blockquote>\n

How will CRTC reviews of ownership interfere with launch plans for the new entrants?<\/p>\n","protected":false},"excerpt":{"rendered":"

As if cued by yesterday morning’s supplementary blog post about the CRTC’s review of how much maple syrup is running through the veins of Public Mobile, the Commission issued a release about its review of Mobilicity (the\u00a0service provider\u00a0formerly known as DAVE). The CRTC indicated that Mobilicity also has a relatively complicated ownership structure meriting\u00a0further review …<\/p>\n

Ownership reviews<\/span> Read More »<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","two_page_speed":[],"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3329","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\nOwnership reviews • Telecom Trends<\/title>\n<meta name=\"description\" content=\"As if cued by yesterday morning's supplementary blog post about the CRTC's review of how much maple syrup is running through the veins of Public Mobile, • March 9, 2010\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mhgoldberg.com\/blog\/?p=3329\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta 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