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Bell to Divest Land Mobile Radio Networks Business to Motorola for $675 Million
The $675 million sale supports BCE's $7 billion asset divestiture to reduce $34 billion debt, with the radio network generating $250 million in revenue, analysts said.
- On Friday, BCE Inc. announced the sale of its land mobile radio networks services business to a division of Motorola Solutions for $675 million, including physical assets across Bell's wireline footprint.
- This transaction advances the strategy BCE first announced last year to sell $7 billion in non-core assets, aiming to reduce the company's $34 billion in long-term debt.
- Generating about $250 million in revenue and $70 million in earnings, the business is viewed by Scotiabank analyst Maher Yaghi as a "legacy asset that generates stable revenue."
- Pending regulatory and third-party approvals, the deal should close in the fourth quarter of 2026, as Bell continues to work with Motorola as a service delivery partner.
- Including this sale, Bell has yet to identify about $450 million of its $7 billion divestment target, while the planned sale of northern telecom network Northwestel for $1 billion has stalled.
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Bell sells land mobile radio network division to Motorola - The Wire Report
BCE Inc. subsidiary Bell Mobility has sold its land mobile radio (LMR) networks division to Motorola Solutions Canada Networks Inc., it was announced on March 26. The price is $675 million, the companies stated. This content is available to wirereport.ca subscribers Already a subscriber? Sign in here LOGIN Forgot password? Unlock all the Canadian telecom, … Continue reading "Bell sells land mobile radio network division to Motorola" The post Bel…
Motorola Solutions Canada Networks Inc. to Acquire Bell Canada's Land ...
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