05:16 PM EDT, 03/26/2026 (MT Newswires) -- Motorola Solutions Canada Networks., a subsidiary of Motorola Solutions ( MSI ) , after trade Thursday said it agreed to acquire the land mobile radio networks services business from Bell Mobility, the wireless subsidiary of Bell Canada and BCE (BCE.TO, BCE) for C$675 million, subject to customary adjustments, plus a deferred net working capital settlement.
A statement said the acquisition is expected to close in the fourth quarter, following receipt of regulatory and third-party approvals and satisfaction of other customary closing conditions.
Thursday's statement added Bell will continue to work closely with Motorola Solutions Canada as an important service delivery partner for land mobile radio networks.
Michael Martin, president, Motorola Solutions Canada Networks Inc., said: "This acquisition helps protect the long-term resiliency and security of the country's land mobile radio communications for the Canadian communities that rely on them every day."
Shares in BCE were at last look up 0.2% in US after-hours trading. They edged up 0.1% to $35.52 in Canada today, taking it closer to a 52 week high $36.25.