BCE selling land mobile radio network business to Motorola subsidiary

robot
Abstract generation in progress

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.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin