Bell expands into US market with $7 billion Ziply Fiber acquisition
Total Telecom
NOVEMBER 6, 2024
The deal will be financed through the proceeds from BCE’s sale of its Maple Leaf Sports & Entertainment stake, alongside a discounted Dividend Reinvestment Plan. Earlier this year, BCE announced it would cut 4,800 jobs, roughly 9% of the company’s 44,610 workforce, as the company reported “declining legacy phone and news business”.
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