BCE Inc T.BCE.PR.K

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Communication Services Telecom Services

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 > So is Everyone Just Going to Ignore the Credit Down Grades?

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Comment by Quintessential1on Sep 24, 2024 6:30pm

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RE:So is Everyone Just Going to Ignore the Credit Down Grades?

The Moody's downgrade was discussed here extensively when it happened last month.

Since then they have sold $5.7 billion in assets and the BOC cut interest rates by 1/4 point on top of the 1/2 point they cut earlier in the summer and are forecasting larger cuts to come more frequently.

Should help but were just not going to know how much until we see it in ERs on balance sheets. We haven't really even been able to see what the reduced cap-ex and fibre rollout with the layoffs have accomplished yet but they are moving the needle in the right direction.

The fact that they are taking decisive action says there is no need to panic.

GLTY and all

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From now on, dynaCERT instead of Bitcoin or NVIDIA?