this post was submitted on 18 Sep 2024
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[–] ValueSubtracted@startrek.website 6 points 1 day ago (1 children)

CBC has this to add:

Bell Canada Enterprises (BCE Inc.), which owns 37.5 per cent of MLSE, said in a Wednesday press release that the deal is expected to close in mid-2025.

The company said that it is selling its ownership stake to reduce its debt and "support its ongoing transformation" from a telecommunications firm to a tech company.

What the hell are they doing over there?

[–] RandAlThor@lemmy.ca 9 points 1 day ago (1 children)

LMAO @ "tech" company. They are trying to get higher valuation. I don't see that happening.

[–] i_stole_ur_taco@lemmy.ca 5 points 1 day ago

It sounds like MBA word salad. “We’re adding AI to the phone system somehow”.