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BCE to sell 49.9% stake in Bell tower business to La Caisse for CAD 2.45 billion
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BCE to sell 49.9% stake in Bell tower business to La Caisse for CAD 2.45 billion
  • La Caisse will acquire 49.9% of BCE subsidiary Bell Canada's new cellular tower company for CAD 2.45 billion, subject to customary adjustments.
  • The transaction values TowerCo at about CAD 4.91 billion; Bell will retain a 50.1% stake.
  • TowerCo will own and operate more than 5,000 sites, leasing tower capacity to Bell under long-term agreements.
  • Closing is expected in the first quarter of 2027, subject to regulatory approvals and customary conditions.
  • Proceeds will support BCE's balance sheet and growth strategy, including its target net leverage ratio of 3.5 times by end-2027.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BCE Inc. published the original content used to generate this news brief via CNW (Ref. ID: 202610270630CANADANWCANADAPF_C1654) on October 27, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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