News
06 November 2024

Bell to acquire Ziply Fiber in C$7bn deal

In:
Telecoms and Communications
Region:
Americas

Bell Canada has entered into a definitive agreement to acquire Pacific Northwest-focused US fibre broadband company Ziply Fiber.Bell will pay C$5 billion ($3.6 billion) in cash and assume outstanding net debt of around C$2 billion to be rolled over at transaction close. This transaction gives Bell a...

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