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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 Ciaoon Nov 04, 2024 1:20pm
242 Views
Post# 36295621

RE:kneejerking

RE:kneejerking
Ocalaman wrote: initially they stated that the mlse proceeds were to pay down debt and they turn around and incur more debt ? The parent company of ziply is a private  firm whi initially bought the network from a bankrupt telco for 1.5 b, took money from partners to build the network and now seem to be the only benefactors of bce's zigzagging game plan. Odds are the dividend freeze will go well beyond 2025 since the new assets are in desperate need of capitlal in a competitive monster envrironment., theres a good reason the parent investment firm is selling.


Telling investors that they sold MLSE interests to pay down debt and then using proceeds to buy U.S. fibre assets sets them up for lawsuits to follow esp. given the market reaction that should have been expected.
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