Mobilicity gets CRTC approval; on track to launch soon

New wireless carrier readies to launch city network and bring consumers truly unlimited plans with unbeatable value

TORONTO, May 7 /CNW/ - Mobilicity today received a green light from the Canadian Radio-television and Telecommunications Commission to operate as a telecommunications carrier.

"We have been given the approval to offer Canadians truly competitive wireless services," said Mobilicity Chairman John Bitove. "It has taken four years to get to this stage and the impact of our upcoming launch will be felt across the country. We want to thank the CRTC for its insightful handling of our application and let consumers know that Mobilicity will be bringing simplicity and value to Canadian wireless customers very soon."

Mobilicity is gearing up to launch in Toronto this spring; rollouts will subsequently take place in Vancouver, Edmonton, Calgary and Ottawa.

The CRTC approval was granted subject to changes, which Mobilicity has agreed to implement within the required timeframe.

About Mobilicity (DAVE Wireless)

Mobilicity, formerly known as Data & Audio Visual Enterprises Wireless Inc. (DAVE Wireless), is a Canadian wireless carrier. The company is led by Obelysk, a diversified Canadian holding company, and Quadrangle Capital Partners, a global investor in the telecommunications and media sectors with more than $3 billion of capital under management. Following the Canadian wireless spectrum auction, Mobilicity holds licenses which cover more than half of Canada's population in 10 of the 13 largest markets including Toronto, Vancouver, Calgary, Edmonton and Ottawa. Mobilicity was recently named one of Canada's Top 25 Up and Coming Information & Communication Technology start-ups by the Branham Group Inc. Further information about Mobilicity can be found at www.mobilicity.ca.

SOURCE Mobilicity

For further information: For further information: images or interviews please contact: Sheryl Steinberg, Manager, Communications & PR, Mobilicity, (416) 736-3806, media@mobilicity.ca

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