Posted AT 1:00 PM EST on 04/11/09
CRTC ruling puts business at risk: Globalive
Toronto — Startup wireless carrier Globalive Communications says talks with new financial backers have stalled and its entire business is in danger following a ruling by Canadian regulators that found the company was controlled by foreigners.“The whole business has been put at risk by this decision,” Globalive chairman and founder Anthony Lacavera said in an interview.
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