May 21, 2014 / 4:13 PM / 4 years ago

Canada's Telus withdraws Mobilicity bid, newspaper says

TORONTO (Reuters) - Canada’s Telus Corp (T.TO) has withdrawn its bid to acquire struggling domestic wireless company Mobilicity, the Globe and Mail newspaper reported on Wednesday, citing a source it did not identify.

A pedestrian is reflected in the window of a Telus store while using a mobile phone in Ottawa February 11, 2011. REUTERS/Chris Wattie

    The Western Canada-focused telecom company has made several bids for the much-smaller company, formally known as Data & Audio-Visual Enterprises Wireless Inc, despite federal government opposition.

    Telus, Mobilicity and court-appointed supervisors of the corporate restructuring weren’t immediately available for comment.

    Reporting by Alastair Sharp; Editing by Bernadette Baum

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