Private equity firm Birch Hill pulls out of Canada wireless auction – Reuters

TORONTO – Wed Oct 16, 2013

(Reuters) – Birch Hill Equity Partners has withdrawn its application to take part in an auction of prized Canadian wireless airwaves, the country’s industry ministry said on its website.

Birch Hill, a private equity firm, had previously been tipped as a possible bidder for small wireless providers Wind Mobile and Mobilicity, with sources saying in August that market leader Rogers Communications Inc would help fund the push in return for a network-sharing deal.

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