Monday, September 30, 2013

Reuters: Bankruptcy News: Canadian wireless upstart Mobilicity files for creditor protection

Reuters: Bankruptcy News
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Canadian wireless upstart Mobilicity files for creditor protection
Sep 30th 2013, 20:57

TORONTO, Sept 30 | Mon Sep 30, 2013 4:57pm EDT

TORONTO, Sept 30 (Reuters) - Struggling Canadian wireless telecom company Mobilicity has filed for and received creditor protection as it seeks regulatory approval for a transaction that would allow it to keep operating, the company said on Monday.

Mobilicity said the transaction is currently being reviewed by Industry Canada, but did not identify the possible buyer.

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