Thursday, June 27, 2013

Big Red entering Canandian Territory

Reuters claims that Big Red has made a "tentative" bid for Wind Mobile and Mobilicity.  Estimated value ranges from $600 million to $800 million. Neither party is commenting on the rumor, although Verizon may still be open to alternative deals --

Verizon will likely need permission from both the Canadian government and Vodafone to make any takeover attempt official.