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A cell phone user passing a Telus store in Toronto.
A cell phone user passing a Telus store in Toronto.
(Peter Power/The Globe and Mail)

Telus says Mobilicity deal shouldn’t exclude it from key auction

Telus Corp. wants to ensure that its proposed $380-million purchase of struggling carrier Mobilicity won’t hamper its ability to bid in a pivotal auction of wireless licences later this year.

The acquisition has raised the ire of consumer advocates because it would require the federal government to make an exception to a rule barring big carriers like Telus from acquiring new-entrant licences until next year. But given Mobilicity’s pressing financial problems, both companies are pushing for fast-tracked approvals that would allow for an expedited transfer of assets to Telus.