Slashdot is powered by your submissions, so send in your scoop


Forgot your password?

Slashdot videos: Now with more Slashdot!

  • View

  • Discuss

  • Share

We've improved Slashdot's video section; now you can view our video interviews, product close-ups and site visits with all the usual Slashdot options to comment, share, etc. No more walled garden! It's a work in progress -- we hope you'll check it out (Learn more about the recent updates).

Canada Businesses Communications News

Russia's VimpelCom Buys Wind Mobile In Canada 63

Posted by timothy
from the telephone-network-owns-you dept.
silverpig writes "Wind Mobile's CEO and Chairman Tony Lacavera announced on the Wind Mobile site that VimpelCom has decided to purchase Wind Telecom for $6 billion. The deal should go through by the middle of this year and may give Canadians cheaper international and roaming rates, as well as giving Wind some extra leverage with its suppliers and handset manufacturers. The deal is particularly interesting, as Wind is one of the new entrants into the Canadian wireless operator industry and has had to deal with issues regarding Canada's foreign ownership rules. Expect a lot of scrutiny from the CRTC, Bell, Telus, and Rogers."
This discussion has been archived. No new comments can be posted.

Russia's VimpelCom Buys Wind Mobile In Canada

Comments Filter:
  • Not exactly (Score:5, Interesting)

    by telso (924323) on Thursday March 17, 2011 @07:21PM (#35523992)

    This Russian company didn't purchase the Canadian company. They purchased Wind Telecom S.p.A. [], a company owned by an Egyptian family. That company owns 50%+1 of Orascom [], which itself has a complicated relationship with Globalive, a Canadian* company that operates Wind Mobile, an upstart wireless telephone service provider in Canada. "Complicated" and "Canadian*" because the Federal Court disagrees it's Canadian, as I wrote last month [].

A language that doesn't affect the way you think about programming is not worth knowing.