Canadian carrier Wind Mobile has faced no small amount of tumult in recent months, culminating in direct control by Orascom and talk of shopping the provider around to the highest bidder. We didn't entirely anticipate just who would take up the offer, however: Fongo, best known for its former Dell Voice initiative, has made an overt bid for Wind. The VoIP provider wants to extend Wind's network network across the country while moving subscribers over to Fongo within the space of a year, theoretically creating a perfect match between cheap cellular access and free internet calling. Before anyone pops champagne corks, we'd warn that there's heavy amounts of publicity and symbolism involved in the acquisition attempt. Fongo is offering $1 and a 49 percent stake in its own venture -- that draws attention to its service, but might not hold up in a fierce bidding war. There may be more involved, but we'll have to wait before we know just how serious the move could be. Wind's parent Globalive has declined comment, while Fongo tells us it's waiting on a formal response before putting more of its cards on the table.
Filed under: Cellphones, Wireless, Mobile
Source: Fongo
Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/h9_s-rN2lHc/
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