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Wireless

Orascom to acquire AAL interest in Wind Mobile Canada

Monday 21 January 2013 | 09:08 CET | News
Orascom Telecom Holding and Wind Mobile's founder, chairman and chief executive officer, Anthony Lacavera, have jointly announced they have entered into an agreement to transfer Lacavera's shares of Wind Mobile Canada to Orascom. Lacavera, who plans to launch a new initiative, Globalive Capital, will remain Wind Mobile's chairman and CEO until closing and will continue in a non-operational capacity as Wind Mobile Canada's honorary chair. Upon closing, Orascom will own an indirect 99.3 percent interest in Globalive Wireless Management.

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Categories: Fixed / Mobile & Wireless
Companies: Globalive / Orascom Telecom / Wind Mobile
Countries: Canada
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