WCA September 2019

From the Americas

individual entrepreneurs, but also targeting a segment with enormous growth potential for the Canadian economy,” Ms Lavery said.

and lead businesses, who want to diversify their exports, will be able to do so. By making sure that women have the resources they need to thrive, we are putting Canada at the forefront of support for export-ready businesses.” For this programme, EDC will work with women-owned and -led businesses that are strong candidates for significant export growth. The support will come in the form of equity capital through both direct investment and investment in Canadian venture capital funds that demonstrate a commitment to gender diversity on both sides of the entrepreneur/investor table. “The market clearly has a gap in terms of women accessing capital at the critical commercialisation stage, and we want to do more to address this,” said Jennifer Cooke, EDC’s corporate lead for women in trade. “For example, we know women entrepreneurs are more likely to access capital when there are women investors on the other side of the table, so we’re seeking fund partners who are also committed to improving gender diversity within their own senior management.” “EDC’s commitment to the Women in Trade Investments Programme aims to advance gender diversity at both the micro and macro levels, reaching not only the

Telecommunications

Mobile merger is moot point T-Mobile US’s proposed $26 billion acquisition of Sprint Corporation has drawn fresh opposition from a number of state attorneys general (AGs), with four more AGs joining a lawsuit that seeks to block the merger between the two mobile operators. According to Bloomberg Massachusetts, Hawaii, Minnesota and Nevada have all signed on to the complaint, taking the total number of objections to 13 states and the District of Columbia. Previously reported by TeleGeography , ten state AGs, led by Letitia James of New York and Xavier Becerra of California, filed a lawsuit aiming to derail the mega-merger. The lawsuit was filed in the federal court in Manhattan, and was supported by Colorado, Connecticut, the District of Columbia, Maryland, Michigan, Mississippi, Virginia and Wisconsin.

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Wire & Cable ASIA – September/October 2019