GgoogleES first seen 13 h ago, last 13 h ago, peak #6

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

Original: bce

BCE, the parent of Bell Canada, has agreed to offload half of its telecom tower business in a deal valued at C$2.45 billion. The move marks a significant divestment for Canada's largest telecom company as operators across the industry shed infrastructure assets to raise cash and reduce debt. The transaction is drawing attention in telecom and financial circles in both Canada and Europe.

Why now: A major Canadian telecom divesting billions in tower infrastructure is significant sector and markets news.

BCEBell Canada

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Evidence

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

Elsewhere

• GgoogleFR #6 · 13 h ago

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