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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 | T.BCE.PR.H | BECEF | 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 cooper90on Dec 13, 2024 5:17pm
277 Views
Post# 36361854

Federal Government taking out 30% voting clause

Federal Government taking out 30% voting clauseBased on a Bloomberg artical Friday it looks like the Feds are taking out a restriction which will make it easier for Canada Pension funds to purchase Canadian entities (owning more than 30%) 

Well, wasn't it during the great credit crisis in 2008 when BCE was almost purchased by a Canada Pension fund............................only to be cancelled due to the banking crisis during that period and the lack of liquidity to support the deal. 

I'm only speculating but it would make sense for one of the Canada Pension plans to take a run at BCE at this time of weakness. 

Hmmmmmmm. you get arguably the largest Telco in the Canada monopoly and it would give BCE a way out after promising not to cut the divi and instead privatize it under the Pension umbrella 

Maybe just wishful thinking........

Just IMO Cooper! 





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