Ziply Fiber, BCE Holding Seek FCC Merger Approval

WASHINGTON, Dec. 10, 2024 – Canada’s largest telecom giant has submitted plans to join forces with the Pacific Northwest’s largest fiber provider.

Ziply Fiber and Bell Canada’s BCE Holding Corporation have filed a joint Section 214 application with the Federal Communications Commission, seeking approval for BCE Holding’s $5 billion acquisition of Ziply Fiber. The deal includes $3.65 billion in cash and $1.46 billion in assumed net debt calculated in U.S. dollars.

Ziply Fiber, based in Kirkland, Wash., serves over 1.3 million locations across Washington, Oregon, Idaho, and Montana. This acquisition marks Bell Canada’s first major expansion into the U.S. market, adding Ziply’s fiber footprint to Bell’s existing 9 million locations in Canada. Together, the companies plan to exceed 12 million fiber locations by 2028.