Brief: BCE And PSP Investments Announce Strategic Partnership To Create Network Fiberco

BCE

08/05/2025 12:28

May 8 (Reuters) - BCE Inc BCE.TO:

BCE AND PSP INVESTMENTS ANNOUNCE STRATEGIC PARTNERSHIP TO CREATE NETWORK FIBERCO

BCE INC: PSP INVESTMENTS HAS AGREED TO A POTENTIAL COMMITMENT IN EXCESS OF US$1.5 BILLION

BCE: BCE THROUGH ZIPLY FIBER TO HOLD 49% EQUITY STAKE IN NETWORK FIBERCO, WITH PSP INVESTMENTS OWNING 51% THROUGH HICI

BCE INC: NETWORK FIBERCO WILL HAVE OWN NON-RECOURSE DEBT FINANCING, ANTICIPATED TO BE MAJORITY OF ITS CAPITAL OVER TIME

BCE INC: BCE WILL ASSUME 100% OWNERSHIP OF ZIPLY FIBER'S EXISTING OPERATIONS

Source text: ID:nPn1P0k1sa

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