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BCE buys Manitoba Telecom Services for CAD 3.9 bln

2016-05-02 18:25:00| Telecompaper Headlines

(Telecompaper) BCE will buy Manitoba Telecom Services (MTS) in a transaction valued at CAD 3.9 billion. MTS shareholders will receive CAD 40.00 per share, in a combination of cash of BCE shares. The deal has been approved by the boards of both MTS and BCE and is supported by the management teams of both companies. Winnipeg will become the headquarters for Western Canada, set to host 6,900 employees with the addition of the MTS team.

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Category:Telecommunications

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