BCE Inc BCE

Primary Symbol: T.BCE Alternate Symbol(s): 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 | 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

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 > BCE HAS SPORTS ASSETS WORTH $4.5 BILLION TO SELL

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Post by flush777on Sep 08, 2024 5:09pm

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Post# 36214002

BCE HAS SPORTS ASSETS WORTH $4.5 BILLION TO SELL

hUM, JOINTLY OWNED WITH ROGERS!!

Rogers and BCE each own a 37.5 per cent stake in Maple Leaf Sports and Entertainment, which owns the Toronto Maple Leafs and Raptors, as well as the city’s CFL and MLS teams. Rogers also owns the Toronto Blue Jays, while Bell has a 20 per cent stake in the Montreal Canadiens.

Price estimated a value of $6.7 billion for Rogers’ sports assets and $4.5 billion for that of BCE, which could be “potentially a more motivated seller than Rogers.”

But either company could be tempted to at least consider selling a portion of their sports team ownership, said Heger, who pointed out demand is strong among potential buyers.

https://www.theglobeandmail.com/business/article-telecom-sector-poised-to-shed-assets-amid-slower-growth-and-more/

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