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Globalive Said to Be in Talks to Buy Canada Rival Mobilicity

Globalive Communications Corp., a two-year-old Canadian wireless carrier, is in talks to buy Mobilicity, adding a competitor to take on larger rivals BCE Inc. and Rogers Communications Inc., according to a person familiar with the discussions.

Globalive, backed by Amsterdam-based VimpelCom Ltd., is targeting Mobilicity because it uses compatible wireless frequencies, the person said. The purchase, which would increase Globalive’s customer base by more than 50 percent, may come as early as the first quarter of 2012, said the person, who declined to be identified because the talks aren’t public.