Globalive: drop ‘foreign ownership restrictions’

p2pnet news view Politics:- The CRTC this afternoon issued its decision on whether Globalive, a new wireless competitor about to operate as Wind Mobile, complies with the foreign ownership restrictions currently found in the Telecommunications Act. While Industry Canada previously concluded that Globalive met the Canadian control requirements for the purposes of the Radiocommunications Act in its bidding for spectrum, the CRTC has concluded that its ownership and control structure do not meet the Telecommunications Act requirements. The Commission has indicated a number of changes that will be needed to comply with the law.

Tags: afternoon, change-the-law, culprit, foreign, globalive, incumbent, industry, internet, minister, requirements, restrictions, spectrum, wireless