BCE to sell a portion of MTS wireless subscribers and assign certain dealer locations to TELUS

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Go back to BCE to sell a portion of MTS wireless subscribers and assign certain dealer locations to TELUS

BCE, Inc. (BCE) to Acquire Manitoba Telecom Services in ~C$3.9B Deal

May 2, 2016 7:32 AM EDT

BCE Inc. (NYSE: BCE) announced that it will acquire all of the issued and outstanding common shares of Manitoba Telecom Services Inc. (MTS) in a transaction valued at approximately $3.9 billion.

"Welcoming MTS to the Bell group of companies opens new opportunities for unprecedented broadband communications investment, innovation and growth for urban and rural Manitoba locations alike. Bell is excited to be part of the clear growth opportunities in Manitoba, and we plan to contribute new communications infrastructure and technologies that deliver the latest wireless, Internet, TV and media services to residents and businesses... More