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BCE deepens data center presence with $1B Q9 Networks purchase

BCE (NYSE: BCE), the parent company of Canada's largest service provider Bell Canada, has led a group of investors to acquire data center provider Q9 Networks for CAD 1 billion (USD 960 million). Joining BCE in this deal, reports the Globe and Mail, was the Ontario Teachers' Pension Plan, in addition to U.S. equity firms Madison Dearborn Partners LLC and Providence Equity Partners LLC.
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See more about: Bell Canada

Bell Canada's net earnings rise 31%

Utilities / Communication : Fierce Telecom (2 years ago)

BCE (NYSE: BCE), the parent company of Bell Canada, reported last week its second-quarter 2012 earnings rose 31 percent. For the quarter, the telco reported earnings of CAD 773 million (USD 778 million) or 1 cent per share. In the B... Read Post

Bell Canada acquires Astral for $3.4B, enhances growing media empire

Utilities / Communication : Fierce Telecom (3 years ago)

Bell Canada (NYSE: BCE) has added another piece to its media services suite by reaching a deal to acquire Montréal-based Astral Media Inc. (Toronto: ACM-A.TO). Under the terms of the CAD 3.38 billion (USD 3.41 billion) deal, the ser... Read Post

Bell Canada, investors wrap up Q9 Networks purchase

Utilities / Communication : Fierce Telecom (2 years ago)

BCE (NYSE: BCE), Bell Canada's parent company, and a group of investors on Thursday completed their acquisition of Q9 Networks, a data center operator. With the acquisition of Toronto-based Q9 complete, Bell Canada can now grow out ... Read Post


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