Verizon delays acquisitions of Canadian wireless firms

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Verizon delays acquisitions of Canadian wireless firms

The newspaper said it was not clear what prompted the change in strategy and whether this signaled Verizon was less enamored about entering the Canadian market or whether it wanted to drive down the prices for the firms Wind Mobile and Mobilicty.

Verizon had tabled a $700 million preliminary offer for Wind Mobile and signed a non-disclosure agreement with Mobilicty in recent months, it said.
 

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