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BCE Inc T.BCE.PR.E


Primary Symbol: T.BCE Alternate Symbol(s):  BCE | T.BCE.PR.A | BCPPF | T.BCE.PR.B | T.BCE.PR.C | BCEPF | T.BCE.PR.D | 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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Post by Dibah420on Oct 24, 2024 7:45am
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Post# 36279798

A Miss @ Rogers

A Miss @ Rogers
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Rogers Communications 

RCI-B-T +0.63%increase
 
 on Thursday missed market expectations for third-quarter wireless subscriber additions, hit by cautious spending on its mobile plans and stiff competition in the telecom space.

 

The company added 101,000 monthly bill-paying wireless phone subscribers in the third quarter, compared with estimates of 129,040, according to analysts polled by Visible Alpha.

Rogers has been seeing weaker spending on its mobile plans as consumers cut back on discretionary spending amid high inflation levels, choosing instead to switch to cheaper plans.

Moreover, stiff competition from the other two major telecom firms in Canada, BCE and Telus have put pressure on Rogers’ subscriber additions and triggered a pricing shift in the market.

The company reported net income of $526-million, compared with a loss of $99-million, a year ago.


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