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June 14, 2024 by 1996-O Executive

Northwestel to be sold to Indigenous consortium from the 3 territories

Source: https://www.cbc.ca/news/canada/north/northwestel-indigenous-consortium-three-territories-1.7231517

CBC News · Posted: Jun 11, 2024 4:25 PM EDT | Last Updated: June 11

Click on the above link for the full article

Bell to transfer ownership of northern telecoms giant later this year, in deal worth close to $1B

The biggest telecommunications company in the North will be sold to a group of Indigenous development companies from Yukon, N.W.T. and Nunavut.

Northwestel, which is owned by Bell Canada, called its sale to a consortium of Indigenous communities a “landmark partnership.”

 

 

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