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Thread: Mobilicity seeking financing for auction; seeking credit extension until May 2015

  1. #46
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    Quote Originally Posted by d1ulove View Post
    May be the Investor is Verizon
    The investor(s) are the existing creditors not Verizon.

    All disclosed in court documents given that Mobi is under creditor protection.

  2. #47
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    Mobilicity got court approval for new debt financing and an extension of creditor protection to May 8.
    http://www.theglobeandmail.com/repor...ticle22674725/

  3. #48
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    I am sure the Wind promo is actually helping Mobi
    Activate plan, pay $25 to $35
    Then port out without using service
    Bad churn numbers but instant cash influx
    It is sad I need to state the obvious but some people just don't get it. Any posts I make are my own OPINIONS and in no way represent the views of my employer

  4. #49
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    hey, kav2001, - not everyone has a devious mind . . .
    John <><

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    Quote Originally Posted by underrated View Post
    hey, kav2001, - not everyone has a devious mind . . .
    +1 ... I can't imagine that scenario kav described accounts for more than 5% of people taking advantage of the wind promotion, at the most. Just my opinion.

  6. #51
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    Mobilicity seeking financing for auction; seeking credit extension until May ...

    They will be bought by Wind, videotron or an outside investor just for their spectrum. Big 3 can't buy them.


    via the HoFo App
    MCCANS

  7. #52
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    Quote Originally Posted by Slewing View Post
    +1 ... I can't imagine that scenario kav described accounts for more than 5% of people taking advantage of the wind promotion, at the most. Just my opinion.
    It will be easy to tell in a few months
    We know Wind is getting lots of acts from this

    So need to just see what Mobi subscriber count looks like & what both carrier churn numbers are

    But I see no reason any legit Mobi sub (esp long term ones) would willingly give up better plans for a short term gain of a few free months

  8. #53
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    True, but look what happened to Public Mobile when Telus bought them.

    Sent from my Z30 using HowardForums

  9. #54
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    Quote Originally Posted by MCCANS View Post
    True, but look what happened to Public Mobile when Telus bought them.

    Sent from my Z30 using HowardForums
    Well we have seen court block Telus at least 3 times now...

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