Financial statements from BCE, investor relations releases, or reports in major financial news outlets.

Bell Canada to Acquire U.S. Internet Provider Ziply Fiber for $3.65 Billion

Nov 4, 2024, 01:07 PM

Canada’s largest telecom firm BCE, also known as Bell Canada, has agreed to acquire U.S. internet provider Ziply Fiber for approximately $3.65 billion. This move marks a significant and rare expansion into the U.S. market for BCE, which is known for its strong presence in the Canadian telecom sector. The acquisition will allow BCE to establish a foothold in the Pacific Northwest, enhancing its broadband service offerings and competitive positioning in North America.