Tag: BCE
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BCE Scales Back Canadian Fibre Expansion, Shifts Growth Focus to U.S.
Key Numbers from Q2 BCE Inc. (TSX:BCE)(NYSE:BCE) signaled a major shift in its network strategy after the federal government upheld the CRTC’s wholesale fibre internet policy. CEO Mirko Bibic confirmed that Bell’s Canadian fibre buildout — currently reaching eight million homes — will plateau, abandoning earlier targets of 8.3 to 9 million. The company argues Read more
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BCE’s Earnings Rise 16% in Q4: Is the Dividend Safe?
BCE (TSX:BCE)(NYSE:BCE) pays investors an exceptionally high dividend, which today yields more than 12%. But the big question is whether it’s safe, especially as the company announced a big acquisition to expand into the U.S. last year. It reported earnings earlier this month, and let’s take a closer look at whether they suggest the payout Read more
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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
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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
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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