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General

Bell gets MTS takeover approval after selling mobile assets

Wednesday 15 February 2017 | 17:16 CET | News
Canadian operator BCE has received regulatory approval to acquire the Manitoba regional operator MTS, after agreeing to divest some of MTS's assets to rivals. The broadband provider Xplornet Communications has agreed to acquire 40 MHz of spectrum from MTS. Bell/MTS will provide network roaming for up to three years, and once Xplornet's network is up and running, it will take over 24,700 customers and six shops from MTS as well. While financial terms of this deal were not disclosed, BCE's other major concession will see it collect CAD 300 million from Telus for the sale of around a quarter of

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Categories: General
Companies: BCE / MTS / Telus / Xplornet Communications
Countries: Canada
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