02/15/2017 04:19 EST | Updated 02/16/2018 00:12 EST

BCE clears final approvals for acquisition of Manitoba Telecom Services

WINNIPEG — BCE Inc. (TSX:BCE) has cleared its final regulatory hurdle to acquire Manitoba Telecom Services Inc. (TSX:MBT).

MTS said Wednesday that the Competition Bureau and the Innovation, Science and Economic Development Canada have approved the deal.

MTS shareholders previously voted in favour of the acquisition.

The deal is set to close on March 17.