Parties
Company
Bell Canada
Company
Distributel
On September 2, 2022, Bell Canada, a subsidiary of BCE Inc., announced its intention to acquire Distributel, one of Canada's largest independent telecommunications providers. This strategic move aimed to enhance Bell's growth in the residential and business internet services sectors.
The acquisition was completed in December 2022, as confirmed in Bell's Q4 earnings report. This integration added approximately 128,065 retail internet customers and 2,315 retail IPTV customers to Bell's customer base.
Deal Type
Merger & AcquisitionIndustry
Tech/Computer/ITTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
02 December 2022