BCE Expands Into the U.S. Fiber Market With Ziply Fiber Acquisition
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BCE's Bell Canada is set to enter the U.S. fiber market by acquiring Ziply Fiber for approximately C$7 billion, with the deal expected to close in the second half of 2025.
November 05, 2024 | 3:15 pm
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BCE's Bell Canada is acquiring Ziply Fiber for C$7 billion, marking its entry into the U.S. fiber market. The acquisition is expected to close in the second half of 2025.
The acquisition of Ziply Fiber by BCE's Bell Canada represents a significant strategic expansion into the U.S. fiber market. This move is likely to positively impact BCE's stock in the short term as it opens new growth opportunities and market presence in the U.S. The deal's expected closure in the second half of 2025 provides a timeline for investors to anticipate potential benefits.
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