BCE Inc T.BCE.PR.E

Primary Symbol: T.BCE Alternate Symbol(s): BCE | T.BCE.PR.A | BCPPF | T.BCE.PR.B | T.BCE.PR.C | BCEPF | T.BCE.PR.D | 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

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.

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BCE Inc > Did Anyone Read Mar. 11 S&P Report (Rating Unchanged BBB+)

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Comment by JoeBravo1on Mar 14, 2024 1:13pm

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Post# 35933052

RE:Did Anyone Read Mar. 11 S&P Report (Rating Unchanged BBB+)

By the looks of the recent posts by the scare mongers insisting the Dividend will be cut, they obviously haven't read the March 11 S&P Report, or are intentionally trying to mislead readers.

Shame on you if the latter is the case, or if you haven't read the report, I suggest you do prior to posting misleading information.

JoeBravo1 wrote: By the looks of the posting on this board, it seems that very few actually read the S&P Report.

If you haven't, it clearly states that BCE's Credit Rating remains unchanged at BBB+ Stable.

S&P sees the dividend as safe.

They did comment that cost cutting and lowering debt is needed in order for BCE to maintain their Credit Rating.

S&P stated they are confident that BCE can accomplish these initiatives. BCE has already announced cost cutting via layoffs which will save them $150-$200 million this year and $250 million per year onwards.

According to the S&P Report, BCE will be selling some non-core assets this year in order to lower debt. Success in executing both will keep their rating investment grade and assure the sustainability of the dividend.

I believe long term investor have no doubt BCE will succeed with their initiatives. I am confident they will and the share price will react accordingly.