Tuesday, March 7, 2006

Bell Canada and Aliant Combine Resources in Ontario, Quebec and Atlantic Canada

BCE, Canada's largest communications company, and Aliant agreed to combine Bell Canada's wireline operations in its regional territories in Ontario and Quebec with Aliant's wireline operations and Bell's 63.4% interest in the Bell Nordiq Income Fund. The new trust, which will have 3.4 million local access lines and over 400,000 high- speed Internet subscribers in six provinces, will be headquartered in Atlantic Canada and controlled by BCE.

Bell will also acquire Aliant Mobility and Aliant's DownEast Communications retail outlets as part of the transaction, strengthening Bell's national wireless strategy and bringing consumers in Atlantic Canada the most advanced networks and faster access to the latest in products and services.



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