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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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Comment by factoryon Dec 10, 2008 8:23pm
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Post# 15638913

RE: RE: RE: More Moves

RE: RE: RE: More Moves

True they could be covering their butts but they could also have done so any other time in the last week. Maybe they have been buying blocks all along after 26-Nov and with the huge number moved today, they finally expect to be solvent. If they expect to be solvent, then it would make sense to set and issue the terms for the bonds. Seems plausible to me. But as you say, maybe they are just covering their butts.

If there is no news from BCE by tomorrow morning and we have to wait until the end of the day tomorrow to find out, then the market will continue to assume the deal fails. So then based in these facts going into trade tomorrow: saving of $300M consulting fees, BCE company spokesman Mark Langton telling Bloomberg their lawyers are thinking of / planning to go after that $1.2B and also that BCE has likely been buying back its shares, I expect the stock to open flat to slightly higher tomorrow.

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