BCE Stock Plunges as Bell Canada Acquires Ziply Fiber and Pauses Dividend Growth

BCE, Inc. (BCE) stock is experiencing a significant decline on Monday after the company’s subsidiary, Bell Canada, announced the acquisition of Ziply Fiber and a pause in dividend growth. This strategic move aims to expand Bell’s fiber network into the United States, adding over 1.3 million fiber locations and bolstering its position as North America’s third-largest fiber internet provider.

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