0
Wireless

Vimpelcom considers sale of Wind Mobile

Wednesday 7 August 2013 | 15:18 CET | News
Canadian operator Wind Mobile ended June with a total 620,000 customers, up 36 percent from a year earlier and over 18,000 more than at the end of March. Its ARPU increased 2 percent year-on-year to CAD 28.3. Shareholder Vimpelcom did not provide further details on the operations. It confirmed however that it will not be increasing its stake in Wind, following talks with the Canadian government. Instead the company is reviewing its options for the Canadian activities, which could include selling Wind Mobile. Wind Mobile CEO Anthony Lacavera, who owns 35 percent of the company he founded,

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Vimpelcom / Wind Mobile
Countries: Canada
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Vimpelcom exits Canadian market, sells Wind Mobile stake

Published 16 Sep 2014 08:32 CET | Canada
VimpelCom is exiting the Canadian market and has agreed to sell its local operator Wind Mobile. VimpelCom and Global Telecom ...

Vimpelcom issues EUR 4 bln bonds to refinance Wind debt

Published 25 Jun 2014 15:53 CET | Italy
Vimpelcom has issued EUR 4.07 billion of 6-year senior high yield bonds with a view to refinancing debt at its subsidiaries Wind ...

Wind Mobile reaches 637,000 customers in Q3

Published 06 Nov 2013 15:09 CET | Canada
Canadian mobile operator Wind Mobile ended September with 637,000 customers, up from 510,000 a year earlier. ARPU improved 9 ...

VimpelCom promotes Kudryashov to lead business development

Published 04 Sep 2013 12:59 CET | World
Provider of telecommunications services VimpelCom has promoted Anton Kudryashov to chief group business development and portfolio ...

Verizon rules out expansion to Canada

Published 04 Sep 2013 09:05 CET | Canada
Verizon has ruled out expanding to Canada, following reports it could be interested in acquiring one of the smaller mobile ...

Verizon delays Canada mobile bid - report

Published 15 Aug 2013 19:36 CET | Canada
Verizon is putting off the potential acquisition of two small mobile companies in Canada. The US-based communications giant had ...

Telus challenges govt spectrum policy in court appeal

Published 01 Aug 2013 10:05 CET | Canada
Canadian operator Telus has requested a judicial review of the government's policy to limit the sale of spectrum to incumbent ...

Rogers CEO seeks level playing field in Canada

Published 25 Jul 2013 15:59 CET | Canada
Big US carriers like Verizon shouldn't be allowed to buy new Canadian mobile companies at discount prices while the big domestic ...

Verizon bids for Wind, in talks with Mobilicity - report

Published 26 Jun 2013 19:11 CET | Canada
Verizon Communications is continuing its efforts to expand into Canada's mobile market, after putting an initial offer on the ...

Vimpelcom drops plan to buy Wind Mobile

Published 20 Jun 2013 09:34 CET | Canada
Vimpelcom subsidiary Orascom Telecom has withdrawn its request to the Canadian government to acquire full control of Wind Mobile. ...

Verizon says Wind Mobile takeover is one of many options

Published 19 Jun 2013 09:38 CET | Canada
Verizon Wireless is indeed looking into acquiring its smaller Canadian counterpart, Wind Mobile, but this is only "one of many" ...

Verizon, others make overtures to Wind Mobile - report

Published 18 Jun 2013 09:15 CET | Canada
Verizon Communications has expressed interest in buying Canadian operator Wind Mobile from Vimpelcom, people familiar with the ...

Security concerns delay approval of Wind buy-out - report

Published 17 Jun 2013 10:03 CET | Canada
The Canadian government has been delaying approval of Vimpelcom's acquisition of full control of Wind Mobile due to national ...

Wind Mobile interested in buying Mobilicity

Published 06 Jun 2013 21:23 CET | Canada
Wind Mobile would like to open talks to buy Mobilicity in a bid to create a fourth national wireless competitor, CEO Anthony ...

Wind Mobile adds over 11,000 subscribers in Q1

Published 16 May 2013 10:39 CET | Canada
Canadian operator Wind Mobile ended the first quarter with 601,749 customers, up 44.9 percent from a year earlier and over 11,000 ...





Calendar   /   Industry Events

28 Oct World Radiocommunication Conference
12 Nov Wi-Fi NOW International
13 Nov Sunrise Q3 2019
13 Nov Japan Display fiscal Q2
13 Nov Altice Europe Q3 2019
13 Nov TIP Summit
13 Nov Cable Congress
13 Nov 5G Expo North America
14 Nov Westell fiscal Q2
14 Nov Ice Group Q3 2019
14 Nov Cisco fiscal Q1
14 Nov Bouygues Telecom Q3 2019
14 Nov Nvidia Q3
14 Nov Weibo Q3 2019
14 Nov Bharti Airtel fiscal Q2
14 Nov Vodafone Idea fiscal Q2
14 Nov Telechoice Q3 2019
14 Nov TDC Q3 2019
18 Nov Bezeq Q3 2019
18 Nov Fortinet investors day
18 Nov CRU World Optical Fiber & Cable Conference
19 Nov Gilat Satellite Networks Q3 2019
19 Nov MTS Q3 2019
19 Nov Qualcomm analyst day
19 Nov Connected Germany
19 Nov Connections Europe
20 Nov Inmarsat Q3 2019
20 Nov Avaya fiscal Q4
20 Nov Poly investors day
20 Nov Netgear analysts meeting
::: More Calendar Items