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

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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Post by Possibleidiot01on Jan 02, 2025 5:36pm

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Post# 36385292

Rebecca Teltscher- BNN - HOLD

HOLD

All the telcos are in a competitive price environment, but this should moderate in 2025. Lower interest rates should benefit. Slower immigration is a slight negative, but Canada's numbers are still more positive than other G7 countries.

Market assumed sale proceeds from MLSE (asset wasn't cashflow positive, but sold for a good price) would be used to pay down debt. Ziply acquisition (accretive to cashflow, higher growth opportunities) really threw investors off. Stock trended down, investor sentiment negative. What they did was positive, but balance sheet is worrisome. Lots of tax-loss selling. Past peak of capex on fibre to the home, which should increase cashflow going forward.

Yield is now 12% or so, with a greater chance of being cut. Doesn't need to cut, but there might be pressure from institutional investors. Even if cut, will still be higher than other telcos. If you own, hold on.

telephone utilities

$33.355