Bell Canada and Ziply Fiber Seek FCC OK for Takeover of Ziply

As part of Bell Canada's planned acquisition of Ziply Fiber (see 2411040056), the two are petitioning the FCC to allow foreign ownership of Ziply. In a petition for declaratory ruling posted Monday, they said the deal won't create national security or foreign policy issues. Instead, Ziply will benefit from having Bell Canada's resources and expertise, but the transaction won't affect Ziply's business plans or management and will be largely transparent to its customers, they said.