Marta Sandén

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Despite some of the lowest pricing in the world, only about 25% of Canadians own mobile phones. Perhaps it's this very fact that has been driving Canada's rise to its present position as what many would argue is North America's wireless leader - measured by the availability of applications, accessibility of wireless infrastructure, and affordability of wireless communications. Ottawa companies in the wireless space raised more than $1.3 billion [all figures are in U.S. dollars] in venture capital in 2000, up from just $274 million in 1999. Zucotto Wireless, Inc., which WBT profiled in its wireless VC roundup in July (Vol. 1, issue 5, "Wireless VC Is Alive and WellŠ") was one of the companies that helped boost that figure with funding received from Silicon Valley. But it's only one of a whole welter of Canadian wireless companies. Innovatech, the Quebec-based, state-... (more)