This news release contains forward-looking statements. For a description of the related risk factors and assumptions, please
see the section entitled "Caution Concerning Forward-Looking Statements" later in this release.
MONTRÉAL, May 2, 2016 /CNW Telbec/ - BCE Inc. (Bell) (TSX: BCE) (NYSE: BCE) today announced that
it will divest one-third of the postpaid wireless subscribers of Manitoba Telecom Services Inc. (MTS) (TSX: MBT) to TELUS Corp.
(TSX: T, NYSE: TU) following the completion of Bell's acquisition of MTS announced earlier today. As part of the transaction, Bell
will also assign one-third of MTS dealer locations in Manitoba to TELUS.
"This transaction with TELUS enhances wireless competition to the benefit of Manitobans while reducing the cost of our
acquisition of MTS," said George Cope, President and CEO of BCE and Bell
Canada.
The Bell-TELUS transaction is subject to regulatory approvals and customary closing conditions. The Bell-MTS transaction is not
conditional on completion of the Bell-TELUS transaction.
Caution concerning forward-looking statements
Certain statements made in this news release are forward-looking statements, including, but not limited to, statements
relating to the proposed acquisition by BCE Inc. ("BCE") of all of the issued and outstanding common shares of MTS Inc. ("MTS")
(the "MTS Transaction"), the proposed divestiture by BCE to TELUS Corporation ("TELUS") of a certain portion of MTS's postpaid
wireless subscribers and the proposed assignment by BCE to TELUS of a certain portion of MTS's dealer locations (the "TELUS
Transaction" and, together with the MTS Transaction, the "Proposed Transactions"), our business outlook, objectives, plans and
strategic priorities, and other statements that are not historical facts. Forward-looking statements are typically identified by
the words assumption, goal, guidance, objective, outlook, project, strategy, target and other similar expressions or future or
conditional verbs such as aim, anticipate, believe, could, expect, intend, may, plan, seek, should, strive and will. All such
forward-looking statements are made pursuant to the "safe harbour" provisions of applicable Canadian securities laws and of the
United States Private Securities Litigation Reform Act of 1995.
Forward-looking statements, by their very nature, are subject to inherent risks and uncertainties and are based on several
assumptions, both general and specific, which give rise to the possibility that actual results or events could differ materially
from our expectations expressed in or implied by such forward-looking statements. As a result, we cannot guarantee that any
forward-looking statement will materialize and we caution you against relying on any of these forward-looking statements. The
forward-looking statements contained in this news release describe our expectations at the date of this news release and,
accordingly, are subject to change after such date. Except as may be required by Canadian securities laws, we do not undertake any
obligation to update or revise any forward-looking statements contained in this news release, whether as a result of new
information, future events or otherwise. Forward-looking statements are provided herein for the purpose of giving information about
the Proposed Transactions and their expected impact. Readers are cautioned that such information may not be appropriate for other
purposes.
The completion and timing of the Proposed Transactions are subject to customary closing conditions, termination rights and other
risks and uncertainties including, without limitation, the relevant regulatory approvals. The MTS Transaction is, in addition,
subject to court and shareholder approval. Accordingly, there can be no assurance that the Proposed Transactions will occur, or
that they will occur on the terms and conditions, or at the time, contemplated by the parties. The Proposed Transactions could be
modified, restructured or terminated.
About BCE
Canada's largest communications company, BCE provides a comprehensive and innovative suite of broadband wireless, TV,
Internet and business communication services from Bell Canada and Bell Aliant. Bell Media is
Canada's premier multimedia company with leading assets in television, radio, out of home and digital media. To learn more, please
visit BCE.ca.
The Bell Let's Talk initiative promotes Canadian mental health with national awareness and anti-stigma campaigns like Bell Let's
Talk Day and significant Bell funding of community care and access, research, and workplace initiatives. To learn more, please
visit Bell.ca/LetsTalk.
Media inquiries:
Jean Charles Robillard
(514) 870-4739
jean_charles.robillard@bell.ca
Investor inquiries:
Thane Fotopoulos
(514) 870-4619
thane.fotopoulos@bell.ca
SOURCE BCE Inc.
