BCE Expands Into the U.S. Fiber Market With Ziply Fiber Acquisition
BCE(BCE) ZACKS·2024-11-05 15:01
BCE Inc.’s (BCE) subsidiary Bell Canada recently inked a definitive agreement to acquire Ziply Fiber, a premium fiber Internet provider in the Pacific Northwest United States, to boost its North American fiber footprint and unlock new opportunities in the U.S. broadband market. The deal, valued at nearly C$7 billion, including C$5 billion in cash and the assumption of around C$2 billion in net debt at the close of the transaction, is anticipated to be settled in the second half of 2025, pending regulatory a ...