Bell buying Ziply Fiber to push into underpenetrated U.S. fibre market

By Ahmad Hathout Bell announced Monday it has entered into an agreement to buy Ziply Fiber, representing a push by the telco into the United States’s northwest fibre internet market. The value of the deal, expected to close in the second half of 2025 following regulatory approvals, is $7 billion – $5 billion in cash and $2 billion in Ziply debt. Bell said Ziply – the largest fibre provider in the U.S. pacific northwest serving Washington, Oregon, Idaho and Montana – is expected to bring in earnings before interest, taxes, depreciation and amortization of $400 million next year. Ziply also...