Friday, March 26, 2010

Craig Wireless Sells Spectrum: Stock +250%

Lucky owner of shares in Craig Wireless (CWG) are 250% richer today. The Canadian company announced it s selling part of its wireless spectrum to giants Rogers and Bell.

  • Canadian spectrum a quarter of total spectrum holdings
  • Shares rise four-fold
March 26 (Reuters) - Craig Wireless Systems Ltd said it agreed to sell its Canadian spectrum assets to Inukshuk Wireless Partnership for C$80 million, triggering a four-fold rise in its shares.

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1 comment:

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