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BCE Inc T.BCE.PR.D


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

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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Post by Possibleidiot01on Apr 10, 2024 2:29pm
387 Views
Post# 35981749

Paul Harris -BNN - BCE or T

Paul Harris -BNN - BCE or T
HOLD
Sell BCE for Telus?

Good yield with both. 5G is not very mature, but will work out well over the next several years. Lots of growth in data. Debt-oriented companies in a high interest rate environment, this has hurt them both. Need to rationalize their businesses, but government intervenes when it chooses, as with BCE layoffs. So they have to be careful.

Tough slug with BCE. Issue is that people are worried dividend will be cut, or that assets will be sold to cover it. Yield is almost 9%, but he doesn't "think" they'll cut it. May have to sell more assets to bring down debt. Don't switch at these levels. Hold, and hope for better times ahead.

Telus is incredibly well run. Includes a number of great businesses they've developed and brought out in public.

telephone utilities
N/A
Owned

 


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