BCE Tumbles to 12-Year Low After $3.6 Billion Ziply Deal.

BCE Inc., Canada's largest telecommunications company, announced a $3.6 billion deal to acquire Ziply Fiber, an internet provider in the Pacific Northwest, causing its shares to drop to a 12-year low. The company will use proceeds from a previous deal to fund this acquisition, pausing dividend growth for 2025 after 16 years of annual increases. The move to expand into the US market was met with skepticism from analysts, with some questioning the high price paid and potential impact on BCE's free cash flow and dividend policy. [Extracted from the article]