GLTALongs. I think its a good move. Everthing bell did was to increase tech foot print and divest the entertainment.
The high lights from this artical paint a well thought out plan. GLTALongs.
Bell is set to buy U.S. fiber internet provider Ziply Fiber for around $5 billion CAD (U.S. $3.65 billion) to expand its network in the United States.
The deal, expected to close in the second half of 2025, will add 1.3 million fiber connections in the U.S. Pacific Northwest, pushing Bell’s North American reach to a total of 9 million fibre connections, with plans to hit over 12 million by 2028.
To fund the acquisition, Bell’s parent company BCE plans to use $4.2 billion CAD from the sale of its Maple Leaf Sports & Entertainment (MLSE) stake, plus a backup $3.7 billion US loan if the MLSE sale is delayed. Once finalized, Ziply Fiber will continue to operate as a separate unit based in Kirkland, Washington.
To read more:
https://www.iphoneincanada.ca/2024/11/04/bell-drops-5-billion-cash-to-buy-a-u-s-internet-provider/