Bell Aliant Income Fund begins trading

MONTREAL – Units of the new Bell Aliant Regional Communications Income Fund began trading today under the symbol BA.UN. As has been reported a number of times by Cartt.ca, the wireline operations of Aliant were combined with certain of Bell Canada's wireline operations in its regional territories in Ontario and Quebec to form the new Fund. Bell Aliant is the largest business trust in Canada, with an enterprise value of approximately $10 billion. The organization's telecommunications operations extend through six Canadian provinces, serving a population of more than 5.3 million from the Ontario/Manitoba border to the eastern tip of Newfoundland...