RE:40.7 billionSaddie - they sold for 4.7 billion, NOT 40.7. While it helps with the debt it is only a fraction. Figured Bell was working on selling non-Core assets and continuing to shed epxenses, had not really expected them to sell entertainment assets, but since they were not a profit center, makes good sense to me. Got lucky and bought some more BCE, along with some more Telus, yesterday. Never discount good fortune.
SadieLadyCO wrote: pays off ALL that is ALL DEBT. If they want but why would they. Interest rates coming way down they will probally only pay down 1/2. Maybe increase the Divy. Looking real great for the future. Also getting rid of the Leafs is a huge saving there.