On Air Now

Listen

Listen Live Now » 101.9 FM Central Wisconsin

Weather

Current Conditions(Wausau,WI 54403)

More Weather »
66° Feels Like: 66°
Wind: SW 10 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Tonight

Clear 44°

Tomorrow

Sunny 72°

Tues Night

Partly Cloudy 47°

Alerts

Breaking News

BREAKING NEWS / UPDATE: Wausau police confirm Stephanie Low's body was found in Wabeno; person of interest Kristopher Torgerson to be charged with homicide

WAUSAU, Wis (WSAU)  Wausau police say Stephanie Low's body has been found. Police revealed at a news conference today that a person of interest in her death, Kristopher Torgerson, led police to her body on September 19th. The body has since been positively ID'ed by the state crime lab. The autopsy lists 'homicide' as the cause of death. Torgerson had been questioned nearly four years ago after she had first disappeared. Wausau PD say he was in custody on other charges, and agreed to sh...

Read More »

Verizon delays acquisitions of Canadian wireless firms: report

Showgowers visit the Verizon booth on the first day of the Consumer Electronics Show (CES) in Las Vegas January 8, 2013. REUTERS/Rick Wilkin
Showgowers visit the Verizon booth on the first day of the Consumer Electronics Show (CES) in Las Vegas January 8, 2013. REUTERS/Rick Wilkin

(Reuters) - Verizon Communications Inc has decided to put off the acquisition of two small Canadian wireless companies until after a government auction of wireless licenses in January, a Canadian newspaper said, citing people familiar with the matter.

The U.S. telecommunications firm is instead focusing on whether to take part in a key Canadian spectrum auction, which has a September 17 deadline for applications, the Globe and Mail said. Potential bidders in the auction are barred from negotiating any deals with other bidders until next year.

The newspaper said it was not clear what prompted the change in strategy and whether this signaled Verizon was less enamored about entering the Canadian market or whether it wanted to drive down the prices for the firms Wind Mobile and Mobilicty.

Verizon had tabled a $700 million preliminary offer for Wind Mobile and signed a non-disclosure agreement with Mobilicty in recent months, it said.

This month Rogers Communications Inc , Canada's largest wireless company, attempted to thwart Verizon's entry into the country by backing a private equity bid for the two carriers.

In July, Reuters reported that Mobilicity, legally known as Data & Audio-Visual Enterprises Holdings Inc, was in talks with Verizon, among others, in connection with a potential acquisition.

Representatives for Verizon, Wind Mobile and Mobilicity could not be reached for comment outside normal business hours.

(Reporting by Lehar Maan and Aman Shah in Bangalore; Editing by Edwina Gibbs)

Comments