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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 | 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.


TSX:BCE - Post by User

Comment by flush777on Sep 18, 2024 9:28am
264 Views
Post# 36228720

RE:BCE HAS SPORTS ASSETS WORTH $4.5 BILLION TO SELL

RE:BCE HAS SPORTS ASSETS WORTH $4.5 BILLION TO SELL Yes, well done Bell.

$4.7 billion for Bells 37.5% interest MLSE alone when estimated combined value of Bells 37.5% interest in MLSE together with a 20% interest in Montreal Canadians was estimated at $4.5 billion

  • PLUS Bell did not sell its interest in the Montreal Canadians 
  • PLUS Bell has access for 20 years to content for both the Maple Leafs and Raptors
Undoubtably, Bell got a great price for monetizing the asset = prize!!
  • PLUS, the earlier commentary, “When you look at sports assets, probably the market value of those assets relative to the financial impact, there’s, in my mind, kind of a disconnect,” he said. WHICH IMPLIES TO ME THAT THE MARKET WILL NOT REALIZE THE FULL MARKET VALUE OF THE ASSET UNTIL SOLD, WHICH MEANS TO ME THAT BCE STOCK COULD INCREASE A COUPLE OF DOLLARS TODAY....
Surprise!!
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