GgoogleFR first seen 22 h ago, last 22 h ago, peak #6

Bell Canada sells half its towers business for C$2.45 billion

Original: bce

Bell Canada (BCE) has agreed to sell a 50% stake in its towers business in a deal worth C$2.45 billion. The move is part of the telecoms company's broader efforts to raise cash and cut debt amid a challenging environment for Canadian carriers. Observers are watching whether further asset sales will follow as telecom operators restructure their infrastructure holdings.

Why now: The announcement of a major multi-billion-dollar infrastructure divestment by one of Canada's largest telecoms is fresh news drawing attention.

Bell CanadaBCECanada

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Evidence

• Bell Canada offloads half its towers biz for C$2.45 billion · Telecoms

Elsewhere

• GgoogleES #8 · 22 h ago

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