Motorola Solutions Canada Networks Inc. announced last week it has entered into a definitive agreement to acquire Bell Mobility’s land mobile radio (LMR) networks services business for a purchase price of $675 million, subject to customary adjustments, plus a deferred net working capital settlement.
The transaction is expected to close in the fourth quarter of 2026, following regulatory and third-party approvals and satisfaction of other customary closing conditions, the companies said in a press release.
LMR is push-to-talk communication between radio transceivers, used by first responders and mission-critical business users.
“For more than 30 years, Bell, together with Motorola Solutions Canada have been providing secure, resilient and highly reliable, land mobile radio communications for customers across Canada,” the press release said.
Bell will continue to work closely with Motorola Solutions Canada as a service delivery partner for land mobile radio networks, the release added.
“We have long admired Bell Canada for the loyalty and trust they’ve built with customers across the country,” said Michael Martin, president of Motorola Solutions Canada Networks, in a statement. “This acquisition helps protect the long-term resiliency and security of the country’s land mobile radio communications for the Canadian communities that rely on them every day.”
