Thursday, 27 July 2017

Bell Canada buys MTS in C$3.9bn deal

By Mary Lennighan, Total Telecom
Tuesday 03 May 16

Telco boosts its presence in Western Canada, will rebrand its Manitoba operations accordingly; announces sale of mobile customers to Telus.

BCE, parent company of Bell Canada, on Monday announced it has brokered a deal to acquire 100% of regional mobile and Internet services provider Manitoba Telecom Services (MTS). The transaction is worth around C$3.9 billion (€2.7 billion), comprising $3.1 billion in cash and stock and the assumption of $800 million in net debt…

BCE, parent company of Bell Canada, on Monday announced it has brokered a deal to acquire 100% of regional mobile and Internet services provider Manitoba Telecom Services (MTS). The transaction is worth around C$3.9 billion (€2.7 billion), comprising $3.1 billion in cash and stock and the assumption of $800 million in net debt…

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