BCE Inc T.BCE

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

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 voice plans and devices and are available nationally. Its wireline products and services comprise data (including Internet access, Internet protocol television (IPTV), cloud-based services and business solutions), voice, and other communication services and products, which are available to its residential, small and medium-sized businesses and large enterprises customers primarily in Ontario, Quebec, the Atlantic provinces and Manitoba. This segment includes its wholesale business, which buys and sells local telephone, long-distance, data, and other services from or to resellers and other carriers.

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BCE Inc

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Post by stuart8on Dec 04, 2008 4:14pm

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STAFF

Globe and Mail Update

December 4, 2008 at 3:54 PM EST

Shares of BCE Inc. rose 5 per cent Thursday afternoon after a reportsaid the leveraged buyout of the telecom giant may be partly salvaged.

Ontario Teachers' Pension Plan, Providence Equity Partners Inc.,Madison Dearborn Partners LLC and Merrill Lynch & Co. areconsidering spending up to $10-billion to take a 20 per cent stake inBCE, Bloomberg news said, citing two anonymous sources.

The plan involves Teachers and its partners buying preferred shares andBCE making a dividend payment of between $8 and $10 a share, Bloombergsaid.

The private-equity players already have an agreement to buy the entirecompany for $35-billion, but the leveraged buyout was put in doubt lastweek when an independent audit said the deal may leave BCE insolvent.The bidders have lined up about $32-billion of loans to pay for theacquisition.

If BCE is unable to persuade the auditor, KPMG, to adjust its solvency opinion, the deal will expire on Dec. 11.

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