Posted AT 12:15 AM EST on 21/08/08
Bitove faces backer's exit on wireless
When U.S. billionaire and Microsoft Corp. co-founder Paul Allen emerged this spring as a key partner in a cellphone company being launched by satellite radio and fast-food executive John Bitove, it sent ripples throughout the industry.
But the high-profile entrepreneur's foray into Canada has proven short-lived.
As Mr. Bitove begins laying the groundwork to launch
Data & Audio-Visual Enterprises Wireless Inc.
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