Bullboard - Stock Discussion Forum BCE Inc T.BCE.PR.T

Primary Symbol: T.BCE Alternate Symbol(s): T.BCE.PR.F | T.BCE.PR.S | T.BCE.PR.G | T.BCE.PR.H | T.BCE.PR.Y | BECEF | T.BCE.PR.I | T.BCE.PR.Z | BCE | T.BCE.PR.J | BCEFF | T.BCE.PR.K | BCEIF | T.BCE.PR.A | T.BCE.PR.L | T.BCE.PR.B | T.BCE.PR.M | BCEPF | T.BCE.PR.C | T.BCE.PR.N | BCEXF | T.BCE.PR.D | T.BCE.PR.Q | T.BCE.PR.E | BCPPF | T.BCE.PR.R

BCE Inc. is a Canada-based communications company. The Company provides wireless and fiber networks. The Company operates through one segment: Bell Communication and Technology Services (Bell CTS). Bell CTS segment provides a range of communication products and services to consumers, businesses and government customers across Canada. Its wireless products and services include mobile data and... see more

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TSX:BCE - Post Discussion

BCE Inc > Q1 Conference Call Highlights

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Post by KillaDip on May 02, 2024 8:40am

Q1 Conference Call Highlights

- Cost cutting strategy has improved margins ahead of schedule

- offering discounts to focus on bundling packages to gain marlet share. Despite very competitive environment results saw ARPU flat and significant increase in market share. So far very successful in Quebec.

- Crave saw Crave DTC subs up 7%, Sports DTC subs up 31%. Shows increasing strength in digital transformation.

- most importantly, cost cutting reductions and efficiencies have immediately improved margins and benefited FCF and EBITDA which is what the market was mainly concern with when it comes to dividend sustainability.

Overall, a very good quarter considering the expectation was for very negative results.

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