BCE signs deal to buy U.S. company Ziply Fiber for $5 billion

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BCE Inc. says it has signed a deal to buy U.S. fibre internet provider Ziply Fiber for about $5 billion.

Experts say BCE Inc.'s announcement of widespread layoffs at Bell Media will lead to further deterioration of local newsrooms and journalism that is less contextual. BCE Inc. headquarters is seen in Montreal on Thursday August 3, 2023. THE CANADIAN PRESS/Christinne MuschiMONTREAL — BCE Inc. says it has signed a deal to buy U.S. fibre internet provider Ziply Fiber for about $5 billion in cash.

The company says the deal will extend Bell's fibre footprint to the United States, adding approximately 1.3 million fibre locations.

 

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