Cable / Telecom News

UPDATED: BCE to purchase MTS for $3.9 billion; Telus to get one-third of MTS wireless subs

MONTREAL and WINNIPEG – BCE Inc. is buying Manitoba Telecom Services (MTS) in a transaction valued at $3.9 billion, the companies announced early Monday.The combined company's Manitoba operations will be known as Bell MTS, recognizing the power of the MTS brand in the province. Winnipeg becomes Western Canada headquarters for Bell and, with the addition of MTS's 2,700 employees, Bell's Western team grows to 6,900 people.Bell pledged to invest $1 billion in capital throughout Manitoba after the transaction closes to extend the availability of its Gigabit Fibe Internet, rollout Fibe TV and expand its LTE wireless network.  MTS' data centre...