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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 | T.BCE.PR.H | BECEF | 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

Communication Services Telecom Services
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.


TSX:BCE - Post by User

BCE Inc
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Post by factoryon Dec 08, 2008 1:44am
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Post# 15632836

Bloomberg spins another one

Bloomberg spins another oneLOL First the 20% minority position fabrication now this. Bloomberg has been spinning a lot of misleading information lately.

The $10B "loss" they refer to are for tax purposes only. Writedowns which the banks will use this year or carry forward to offset taxes payable against future profits. Meaning, these paper "losses" are a good thing since the banks won't be paying taxes for a long long time. Which means more money retained for their shareholders. The losses are only real if the BCE Consortium would actually default on the loans. Unlikely to happen.

https://www.bloomberg.com/apps/news?pid=20601087&sid=aR6vifAtX44g&refer=home
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