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Synopsis
BCE, a provider of wireless, broadband, television, and landline phone services in Canada, completed the acquisition of Ziply Fiber, an American telecommunications company, for CAD7.6bn. "The acquisition of Ziply Fiber marks a key milestone in our fibre growth strategy by establishing a significant foothold in the attractive U.S. market. By combining Bell's deep fibre expertise with Ziply Fiber's experienced management team and ambitious expansion plans, we are creating a powerful platform for long-term growth, scale and geographic diversification that positions us to unlock significant value for our shareholders," Mirko Bibic, BCE President & CEO.
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