Cable / Telecom News

BCE wraps up Glentel sale

BURNABY, BC – BCE has completed its acquisition of Glentel, the Canadian-based multi-carrier mobile products distributor.The deal, first announced in November 2014, sees BCE acquire all of Glentel's common shares for a total consideration of approximately $594 million.  Further to an agreement reached last December, BCE divested 50% of its ownership interest in Glentel to Rogers Communications Inc. following closing of the acquisition.Glentel sells wireless products and services from Bell Mobility, Chatr, Fido, Rogers Wireless, SaskTel and Virgin Mobile at 359 locations across