Globalive, the owner of the Canada-based mobile operator Wind Mobile, is appealing a federal court ruling that could stop it operating.
The Canadian Federal Court ruled earlier in February that a government decision that Wind Mobile’s shareholding was in…
Globalive, the owner of the Canada-based mobile operator Wind Mobile, is appealing a federal court ruling that could stop it operating.
The Canadian Federal Court ruled earlier in February that a government decision that Wind Mobile’s shareholding was in line with the country’s foreign ownership rules was based on legal errors and “must be quashed”.
Globalive said on Thursday that it was filing a notice of appeal against the ruling. This follows a similar decision made by the Canadian government last week to appeal the court’s ruling.
Globalive’s chairman Anthony Lacavera said that the company disagreed with several aspects of the federal court’s decision and was confident that the federal court would overturn it.
He said: “Our biggest priority is to put this regulatory gaming by our competitors behind us, so that we can continue to focus on bringing wireless innovation and competition to the marketplace.”
Globalive is 65% owned by Orascom Telecom, which is controlled by Egyptian businessman Naguib Sawiris. The remaining stake in Globalive is held by its founder, Canadian Anthony Lacavera.
The original case was brought to court by rival mobile operator Public Mobile following a decision by the government in late 2009 to allow Wind Mobile to operate.
