A whopping 99.66% of MTS shareholders are in favour of the Bell deal.

"MTS shareholders have overwhelmingly supported the BCE transaction," said Jay Forbes, president and CEO of MTS. "This strong support reflects the meaningful value that shareholders will receive as a result of this transaction, which also provides compelling benefits to MTS customers, employees and to the province of Manitoba. With these shareholder approvals in place, we will continue to work with BCE to secure the necessary regulatory approvals with a view to closing the transaction as expected."

On May 2, Bell Canada Enterprises inked a deal to buy MTS for $3.9 billion.

Thursday's vote is not the end of the process, though; the deal is still subject to approvals from the Manitoba Court of Queen's Bench, the Canadian Radio-television and Telecommunications Commission (CRTC), the Competition Bureau, and other closing conditions.