Archive · 7 Sep 2025

Canada Appeals Mobilicity Damages, Investors Criticize Move

Canada Appeals Mobilicity Damages, Investors Criticize Move

Once upon a time, some investors started a phone company called Mobilicity.

The Canadian government promised they could sell their airwave licenses to bigger companies if things went wrong.

Later, the government changed its mind, which hurt Mobilicity's business.

A judge said the government was wrong and ordered them to pay the investors money.

Now, the government is fighting this decision, saying the judge made mistakes.

The investors are upset, saying the government is sending a bad message to anyone who wants to invest in Canada.

They believe the government should pay up and make things right instead of appealing.

Sources