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Bell to sell nearly 50% stake in towers to Quebec investment firm

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Summary

Bell Canada Enterprises (BCE) is selling an almost 50 per cent stake in its wireless network for $2.45 billion. Bell is spinning up a new wireless tower infrastructure company called TowerCo to hold the company’s assets, which cover over 5,000 wireless sites across Canada. The stake in TowerCo is being sold to Quebec investment firm

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    Bell to sell nearly 50% stake in towers to Quebec investment firm

    Bell Canada Enterprises (BCE) is selling an almost 50 per cent stake in its wireless network for $2.45 billion. Bell is spinning up a new wireless tower infrastructure company called TowerCo to hold the company’s assets, which cover over 5,000 wireless sites across Canada....