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Tuesday, February 15, 2011

Canada to appeal court ruling on Globalive, (ORTE)

The Canadian government said on Tuesday it will appeal a court ruling that overturned its decision to allow foreign-backed Globalive to launch a wireless service over the objections of the telecom regulator. The Canadian Radio-television and Telecommunications Commission (CRTC), had decided that Globalive's financial support from Egypt's Orascom Telecom (ORTE.CA) made it ineligible to offer telecommunications under Canadian law. On Feb. 4, the Federal Court struck down cabinet's 2009 decision to overrule the CRTC and allow Globalive to launch its Wind Mobile service. The court said the cabinet decision had no basis in law.

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