Canada's three newest wireless operators have put themselves up for sale, with Mobilicity already in talks to sell out to Telus Corp, the Globe and Mail newspaper reported on Friday, citing unnamed sources. The newspaper said Public Mobile, another privately held company that entered the country's wireless industry after a 2008 auction, had hired investment bankers to find a buyer.Vimpelcom Ltd has previously said it would consider various options, including divestment, for its Wind Mobile unit, the third new entrant.The trio of smaller players have mostly used aggressive pricing of unlimited talk-and-text plans to challenge the established operators, with limited success.Canada's wireless sector is dominated by BCE Inc's Bell, Rogers Communications Inc and Telus, which together command a 90 percent share.
Rogers Communications Inc. (RCI) is a diversified public Canadian communications and media company. Shares of RCI remained unchanged at $51.48. In the past year, the shares have traded as low as $33.58 and as high as $51.98. On average, 330766 shares of RCI exchange hands on a given day and today's volume is recorded at 0.
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