BCE's unit Bell Canada enters the U.S. fiber market by acquiring Ziply Fiber for roughly C$7 billion, with the closing expected in the second half of 2025.

Canadian telecom firm BCE said on Monday it would buy internet services provider Ziply Fiber for C$5 billion ($3.60 billion) in cash, as it looks to expand its fiber footprint in the United States. BCE's shares fell about 9% as some analysts said the proceeds from selling the company's stake in Maple Leaf Sports & Entertainment will not be used to pay down debt.

BCE Inc (TSX: BCE) is expanding its fibre footprint into the US, with the acquisition of Ziply Fiber for C$5.0 billion. The acquisition will enable the Canadian telecom oligopoly to take a