Bid deadline for Canada's Mobilicity delayed by a week

By Alastair Sharp TORONTO (Reuters) - The court-appointed monitor for struggling Canadian wireless startup Mobilicity has extended the deadline for suitors to bid for the company by a week to December 16, a regulatory filing shows. Mobilicity, formally known as Data & Audio Visual Enterprises, offers lower-cost unlimited talk and text plans to fewer than 200,000 customers, mainly in several of Canada's biggest cities. It had previously agreed to sell itself to Telus Corp, one of Canada's dominant wireless providers. But the federal government twice blocked the sale of Mobilicity to Telus on the grounds it would create an undue concentration of wireless spectrum ownership.



via Tech News Headlines - Yahoo! News http://news.yahoo.com/canada-39-mobilicity-bid-deadline-extended-december-16-153125716--sector.html