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 9:20pm

284 Views

Post# 15634357

BCE responds

https://www.bce.ca/en/news/releases/corp/2008/12/08/75061.html

"PricewaterhouseCoopers LLP (PwC) has been engaged to perform valuation work in connection with the Company's submissions to KPMG related to the solvency opinion.
While BCE believes that PwC's work supports the Company's position, PwC
has not been engaged to provide the solvency opinion required in connection
with the closing of the transaction.
The receipt at the effective time of a positive solvency opinion from
KPMG remains a condition to closing. Should KPMG be unable to deliver a
favourable opinion on December 11, 2008, the transaction is unlikely to
proceed."

As I thought, even if the rumour were true. PWC's opinion doesn't count. KPMG has the hammer.

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