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BCE selling land mobile radio network business to Motorola subsidiary
BCE Inc. is selling its land mobile radio network business to Motorola Solutions Canada Networks Inc. for $675-million. This sale is part of BCE’s broader plan to divest $7-billion in assets to reduce its $34-billion long-term debt. Analysts have reacted positively, viewing the transaction as a reinforcement of BCE’s commitment to debt reduction, focusing on a non-core asset while maintaining key customer relationships.