Dec 10 (Reuters) - Wind Mobile, Canada's fourth largest
wireless provider, said it closed a new C$425 million ($312
million) debt facility that will help it deploy a high-speed LTE
network using equipment and services supplied by Nokia Corp
NOKIA.HE .
The loan syndicate was led by TD Securities, BMO Capital
Markets BMO.TO and Canadian Imperial Bank of Commerce CM.TO ,
Wind Mobile said in a statement.
The company said the facility, which also helped re-finance
existing debt facilities, consists of multiple delayed-draw
tranches to fund both operational growth and network expansion.
Wind Mobile lags far behind the three big Canadian players,
Telus Corp T.TO , Rogers Communications Inc RCIb.TO and BCE
Inc's BCE.TO Bell, each of which has at least 10 times as many
wireless subscribers.
($1 = C$1.36)