Bell, Indigenous groups still ‘working towards’ Northwestel deal – Cabin Radio
January 28, 2025
The owner of Northwestel says it’s still finalizing a deal announced last summer to sell the company to an Indigenous-led consortium.
Sixty North Unity – a group of Indigenous companies from the Yukon, NWT and Nunavut – said in June 2024 it intended to buy Northwestel, the North’s dominant internet provider, from owner Bell in a transaction worth up to $1 billion.
Little has been heard about the deal since. Multiple requests to Sixty North Unity this month were not returned.
On Monday, Bell told Cabin Radio negotiations are continuing. The telecoms giant declined to provide a timeline for the deal’s conclusion.
Read More: https://cabinradio.ca/220201/news/nunavut/bell-indigenous-groups-still-working-towards-northwestel-deal/