Data & Audio-Visual Enterprises Wireless (DAVE Wireless) has confirmed it has been approved by Industry Canada as a...
April 1, 2008
Data & Audio-Visual Enterprises Wireless (DAVE Wireless) has confirmed it has been approved by Industry Canada as an eligible bidder and able to participate in Canada’s wireless spectrum auction set to begin May 27.
“We strongly believe that Canadian consumers deserve the best and most innovative wireless technology,” said John Bitove, Chairman of DAVE Wireless. “We look forward to competing in the AWS auction and to building a new wireless provider that will meet Canada’s rapidly evolving wireless communications needs.”
DAVE Wireless is a partnership between an investment vehicle controlled by Bitove, Quadrangle Group, a New York-based private investment firm with over $6 billion in assets under management, and Vulcan Capital, headquartered in Seattle, Washington.
Vulcan serves as the investment arm of Vulcan Inc., the organization founded by Paul Allen, co-founder of Microsoft, in its bid to participate in the upcoming spectrum auction.