Asset sale supports BCE debt plans as company refocuses beyond legacy radio networks
BCE Inc. is raising $675m by selling a legacy land mobile radio business as it pushes ahead with a $7bn asset sale plan to pay down debt, while several analysts still see upside in the stock.
BNN Bloomberg reports that Bell Mobility is selling its land mobile radio networks services business to Motorola Solutions Canada Networks Inc. for $675m, as part of BCE’s plan to sell $7bn in assets to help reduce debt.
Scotiabank analyst Maher Yaghi says the deal centres on a legacy business that brings in steady revenue but is not a main growth driver, and stresses that the bank is not giving up “core customer relationships.”
The transaction is expected to close in the fourth quarter of 2026, following receipt of regulatory and third‑party approvals and satisfaction of other customary closing conditions, as stated in the press release.
The press release stated that for more than three decades, Bell, together with Motorola Solutions Canada, have been providing secure, resilient and highly reliable land mobile radio communications for customers across Canada.
BNN Bloomberg reports that land mobile radio is a push‑to‑talk voice communication system using two‑way radio transceivers, deployed commercially and by public safety officials such as law enforcement, fire and EMS.
BNN Bloomberg reports that Bell says it will continue to work with Motorola as a service delivery partner for the technology.
The press release stated that Bell will “continue to work closely with Motorola Solutions Canada as an important service delivery partner for land mobile radio networks” after the transaction.
Michael Martin, president of Motorola Solutions Canada Networks Inc., says the deal focuses on critical communications infrastructure and will help protect the long‑term security of Canada’s land mobile radio systems.
