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NewsAlert: Ontario court approves Rogers-Mobilicity wireless deal

TORONTO - An Ontario court has given its OK to a deal that will see Rogers Communications purchase Mobilicity.Rogers (TSX:RCI.B) will also sell some spectrum to Wind Mobile, which has emerged as one of the leading challengers to Canada's three biggest wireless companies — Rogers, Telus (TSX:T) and BCE's Bell (TSX:BCE).Rogers said Industry Canada has approved its takeover offer for Mobilicity.More coming.

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