The race to be Canada’s Next Wireless provider just got an $50 million injection from OMERS Private Equity, a Canadian pension fund. Although not expected to launch until Q3 2009, the company has been building a team around Alek Krstajic, BMV’s Chief Executive Officer who was took on the role late last year.
BMV’s service will be made available in Ontario and Quebec with a market potential of over 19 million consumers, and will not compete head to head with the Mobile’s Big 3 (Bell, Rogers and Telus), but instead offer flat-rate wireless service with unlimited talk for $40 per month.
