Bell closes acquisition of Partners Group-owned Axia NetMedia

BCE Inc (Bell Canada) (TSX, NYSE: BCE) has wrapped up its acquisition of Axia NetMedia Corp, a Calgary-based services provider on fibre communications infrastructure. No financial terms were disclosed for the deal, which was announced in July. The seller was European private equity firm Partners Group, which acquired Axia two years ago in a $272 million take-private transaction. Axia is the operator of SuperNet, a broadband network launched in 2005 to connect government and public organizations, business users and internet providers in Alberta.

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