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Category: Telecom Stocks
Best Canadian Stocks to Buy for 2025
The TSX has been on a strong run this year, reflecting the resilience of the Canadian economy and the solid performance of key sectors such as energy, financials, and technology. Amid rising global uncertainty and fears of a potential market correction, many investors are reevaluating their portfolios. Focusing on value-oriented stocks can help mitigate risk… Read more
BCE Expands Into the U.S. but Pauses Dividend Growth
Strategic Expansion in the U.S. Market BCE has agreed to acquire Ziply Fiber, a leading fiber Internet provider in the U.S. Pacific Northwest, for approximately $5 billion in cash plus $2 billion in assumed debt, bringing the transaction value to $7 billion. This acquisition significantly bolsters BCE’s North American presence, positioning Bell Canada, its wholly… Read more
BCE Stock Faces Headwinds Amid Lower Revenue and Competitive Pressures
Financial Overview In Q3 2024, BCE posted an operating revenue of $5.97 billion, down 1.8% from the prior year as product revenue dropped 14.3%. The company attributed this to reduced demand in consumer electronics and lower mobile device sales, both impacted by ongoing price competition in the telecom space. Net loss for the quarter amounted… Read more