September 16, 2014 5:53 PM ET

Wireless Telecommunication Services

Company Overview of Data & Audio Visual Enterprises Wireless, Inc.

Company Overview

Data & Audio Visual Enterprises Wireless, Inc., a mobile carrier, provides wireless telecommunication services in Toronto, Ottawa, Calgary, Edmonton, and Vancouver, Canada. It offers talk, text, and data plans. The company also provides services, such as picture messaging, caller ID, and more; and mobile Internet plans. In addition, Data & Audio Visual Enterprises Wireless, Inc. roaming and travel services through coverage in North America. Further, the company sells smartphones, basic phones, Internet devices, and home solutions online. Data & Audio Visual Enterprises Wireless, Inc. sells its products and services through exclusive and non-exclusive dealers. The company was incorporated in ...

101 Exchange Avenue

Vaughan, ON L4K 5R6

Canada

Founded in 2008

Phone:

416-540-3758

Key Executives for Data & Audio Visual Enterprises Wireless, Inc.

President and Chief Operating Officer
Executive Chairman
Age: 54
Chief Financial Officer
Chief Customer Officer
General Manager of Western Canada
Compensation as of Fiscal Year 2014.

Data & Audio Visual Enterprises Wireless, Inc. Key Developments

Mobilicity Receives Bid Approach From WIND Mobile

WIND Mobile eyes stake in Data & Audio Visual Enterprises Wireless, Inc. (Mobilicity). Anthony Lacavera, Chief Executive Officer of WIND Mobile said, “We threw our name in the process. We applied and hopefully the court will accept us as a qualified bidder. I have maintained the position since 2008 that we need to work together with other new entrants. This is just an another opportunity to try to put something together, We feel we're a very logical bidder." The deadline to submit bids for Mobilicity is December 9, 2013.

Uniserve Communications Corporation Enters into Exclusive Gold Dealer Agreement with Mobilicity

Uniserve Communications Corporation announced that it has entered into an Exclusive Gold Dealer agreement with Mobilicity to represent and market the full range of Mobilicity handheld devices, cellular service and data plans. This also represents a new marketing channel for Mobilicity by partnering with a service provider rather than the traditional kiosk or store front model. Uniserve will offer Mobilicity products and services to its established customer base through special offers and incentives as well as to the general public at various events and promotions. The addition of the Mobilicity product line to Uniserve's established internet and telecom solutions platform fills the wireless gap in the company's full range of service offerings, and strengthens Uniserve's market position and objective of providing a 'one stop shop' telecom experience. Furthermore, Mobilicity will not only provide the company with an additional and ongoing revenue stream, but also open up new marketing and sales opportunities for other Uniserve products.

Verizon Reportedly Puts Off Talks To Acquire Wind Mobile And Mobilicity

Verizon Communications Inc. (NYSE:VZ) is putting off the potential acquisition of Mobilicity and WIND Mobile. After tabling a $700-million preliminary offer for Wind and signing a non-disclosure agreement with Mobilicity in recent months, Verizon has now decided to delay pursuing those deals until after a government auction of wireless licences in January, said two people familiar with the situation. Verizon will focus on deciding whether to participate in the upcoming auction of the 700 megahertz frequency. If Verizon enters the auction and wins the spectrum it wants, it could then look at potentially bidding for Wind and Mobilicity at some point in 2014, sources say. VimpelCom Ltd. (NYSE:VIP) has put Wind up for sale and is said to be eager to dispose of its Canadian assets. Mobilicity has previously indicated that it is running out of cash and could pursue a recapitalization plan if it fails to find a buyer. Mobilicity and WIND Mobile are also being pursued by Birch Hill Equity Partners Management Inc. which is partnering with Rogers Communications Inc. (TSX:RCI.B) on a transaction for Wind, and potentially on another for Mobilicity. The plan would see Birch Hill take a controlling stake in Wind, while Rogers would chip in capital in exchange for the right to use Wind's spectrum to add capacity to its own high-speed network. According to Globe and Mail, Verizon, VimpelCom, Wind and Mobilicity all declined comment.

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