Value Value is determined by Earnings Before [interest tax depreciation amortization].
Then you multiply that by a number between 6-9 for Canadian telcos
10.5 * 6 / .9 (discounted value)
$70 per share for BCE (discount value)
shaw for example had an ebitda of roughly 2.16
was purchased for 20B
rogers paid a premium with an ebitda multiple of 9 for Shaw.
If someone were to buy bce at that multiple they would pay 90B (premium value)
the shares are on a significant sale right now.