Mobilicity, which won court protection from creditors in late September, is determining alternative courses of action after the federal government denied Telus' second attempt to acquire the carrier in October. In his affidavit, Aziz said Mobilicity continues to have a "dialogue" with Industry Canada about a proposed transaction with an unnamed buyer.
In addition to Telus, Wind Mobile has expressed an interest in Mobilicity in recent months. However, the paper's sources said Wind has not been able to match the bid Telus put on the table. Telus' original CAD 380 million offer to buy Mobilicity was denied in early June as a result of a current prohibition on mobile newcomers transferring spectrum licences to large carriers before 2014. In the case with Mobilicity, the ban expires in February.
