- Although a sale price as high as ~C$300M ($270M) had been rumored earlier, Reuters reports that VimpelCom (VIP) and Egypt's Global Telecom will sell their stake in wireless carrier Wind Canada to Globalive Capital for C$135M ($122M).
- The proceeds of the sale will go to Vimpelcom, in repayment of part of the debt owed to the company.
- Previously: VimpelCom reportedly nears deal to sell Wind Mobile stake for ~$270M