A decade-long legal fight between investors and the federal government over failed wireless startup Mobilicity has ended with a major win for the investors.

As reported by The Globe and Mail, Ontario Superior Court Justice Peter Osborne ruled that Ottawa acted negligently when it changed spectrum rules mid-game, wiping out investors’ chances to recover their money.

Back in 2008, the government encouraged new players to join the wireless market by auctioning off special licences. Investors Quadrangle Group and Obelysk Media, led by businessman John Bitove, bought $243 million worth of these spectrum licences under the impression that if their company failed, they could later sell to a big telecom like Telus.

But in 2013, the government changed the rules, banning such sales. That move, Os

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