Bell’s parent company BCE saw its stock drop nearly 10% on Monday, after announcing its $5 billion purchase of U.S. internet provider Ziply Fiber. The acquisition is causing waves among investors and analysts alike, with Scotia Capital analysts calling it a “perplexing transaction.” Maher Yaghi, Scotia Capital analyst, was skeptical of the purchase by Bell, […]
The post Bell’s $5 Billion Gamble in the U.S. is ‘Perplexing’, Says Analysts first appeared on iPhone in Canada Blog.