Canada’s largest telecommunications company, Bell Canada, said Monday that it will buy Northwest internet and cable TV provider Ziply Fiber for $5 billion in cash and assumed debt.

Kirkland, Wash.-based fiber internet service provider Ziply Fiber agreed to be acquired by Bell Canada, a subsidiary of Canadian telecom giant BCE, in a deal valued around $3.6 billion.

The Kirkland-based fiber internet services provider Ziply Fiber agreed to be acquired by the Canadian telecommunications company Bell Canada, a subsidiary of BCE Inc. (NYSE: BCE), in a $3.6 billion deal, the company announced Monday.