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Vimpelcom exits Canadian market, sells Wind Mobile stake

2014-09-16 08:32:00| Telecompaper Headlines

(Telecompaper) VimpelCom is exiting the Canadian market and has agreed to sell its local operator Wind Mobile. VimpelCom and Global Telecom Holding have agreed to sell all of their debt and equity interest in Wind's holding company Globalive to the company's management and a number of investment funds for CAD 135 million. Wind CEO Anthony Lacaveraalready has a third of the equity and two-thirds of the voting rights in the company, through his company Globalive Capital, which is leading the takeover. Wind last reported  The proceeds will go to VimpelCom in repayment of part of the debt owed the company. At the same time, GTH will be released from all of its obligations under the related shareholders agreement and certain debt obligations of Wind Canada. The transaction is expected to close shortly. 

Tags: market mobile wind canadian

 

MIRA MOBILE M-12HD and SportsNet LA Capture High-Quality Close-Ups, Panoramic Shots and ...

2014-09-16 06:00:00| Industrial Newsroom - All News for Today

Wayne, N.J. – When MIRA Mobile’s new M-12HD rolls into Dodger Stadium on behalf of MIRA customer, SportsNet LA, it does so with shot-capturing skills that rival the speed and focus of any Cy Young Award winner. Four of the truck’s six FUJINON XA99x8.4 ultra-wide field lenses outfitted on Sony HDC2570 studio cameras are positioned at various points on the field – high left field, mid first base, tight center field, and right field. One XA99x mans the high third base ...This story is related to the following:Photographic Lenses | Wide Angle Lenses |

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Sources say Wind Mobile founder to buy out majority with help from West Face

2014-09-16 01:32:40| Wireless - Topix.net

Sources say Wind Mobile's founder has a tentative deal to buy out the company's majority shareholder, a Dutch-Russian company called VimpelCom Ltd. A source close to the deal has confirmed that Wind's chairman and CEO, Tony Lacavera, has arranged to buy out VimpelCom's majority stake with financing from Toronto private equity firm West Face Capital and others. Lacavera owns about 35 per cent of Wind Mobile, which has a wireless network serving about 750,000 customers - primarily in heavily populated areas of Ontario, Alberta and British Columbia.

Tags: with buy west mobile

 

Sources say Wind Mobile founder to buy out majority with help from West Face

2014-09-16 01:27:31| Telecom - Topix.net

Sources say Wind Mobile's founder has a tentative deal to buy out the company's majority shareholder, a Dutch-Russian company called VimpelCom Ltd. A source close to the deal has confirmed that Wind's chairman and CEO, Tony Lacavera, has arranged to buy out VimpelCom's majority stake with financing from Toronto private equity firm West Face Capital and others. Lacavera owns about 35 per cent of Wind Mobile, which has a wireless network serving about 750,000 customers - primarily in heavily populated areas of Ontario, Alberta and British Columbia.

Tags: with buy west mobile

 

China Herds Tech Addicts to 'Mobile Phone Sidewalk'

2014-09-15 22:37:51| PC Magazine Cell Phones Product Guide

Folks can use their cell phones only on one half of a 10-foot-wide-by-164-foot-long segment of pavement in the Yangrenjie Scenic Spot in Chongqing.

Tags: phone china mobile tech

 

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