TSX:BCE - Toronto Stock Exchange - CA05534B7604 - Common Stock - Currency: CAD
For decades, Hollywood has traveled north to film in Canada, with productions such as the Twilight movies and the Suits TV series lured by generous tax incentives and skilled crews. Now the country’s largest media company wants to flip the script and sell more Canadian shows to Hollywood.
Canada’s largest telecom company by revenue warned that a prolonged trade war will drag on economic growth, which was already hampered by a drop in domestic immigration targets.
BCE Inc. beat analysts’ fourth-quarter expectations as Canada’s largest telecommunications firm reduced costs.
After a year that sent BCE Inc. shares to a 14-year low, a Bay Street analyst said Canada’s largest telecom company needs to cut its dividend.
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BCE Inc., Canada’s largest telecommunications company, agreed to buy an internet provider in the Pacific Northwest, making a rare and surprising move into the US market.
Blackstone Inc. is close to a C$7 billion ($5 billion) agreement to buy a minority stake in parts of Rogers Communications Inc.’s wireless infrastructure, according to a person familiar with the matter.
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Rogers Communications Inc. is buying BCE Inc.’s 37.5% stake in Maple Leaf Sports & Entertainment Ltd. for C$4.7 billion ($3.5 billion), giving the telecommunications giant a majority stake in the sports company whose most valuable assets include the Toronto Maple Leafs hockey club and the Toronto Raptors.
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BCE Inc. was cut to the brink of junk by Moody’s Ratings on concerns about the telecom company’s earnings growth failing to keep pace with its debt load.
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Canada’s biggest telecommunication stocks have fallen to multi-year lows as competitive wireless strategies failed to impress investors. A number of analysts say the rout is presenting a good buying opportunity.
Shares of BCE Inc. tumbled to the lowest in more than a decade and Rogers Communications Inc. suffered its biggest drop of 2024 after BMO Capital Markets published a darker outlook on Canada’s telecom sector.
BCE Inc., the Canadian telecommunications company that recently announced sweeping layoffs as part of a broader effort to boost income, raised $1.45 billion from the US bond market to refinance debt.
Prime Minister Justin Trudeau said he’s “furious” with BCE Inc., Canada’s largest telecommunications firm, over its decision to cut jobs and programs in its media division.
Canada’s largest telecommunications firm BCE Inc. will cut jobs by about 9%, undertaking its largest workforce restructuring in nearly 30 years.
Telecommunications company BCE Inc. is a favorite of income-seeking investors in Canada because, for about 15 years, it has delivered annual dividend hikes of 5% or more. But the streak may be about to end.
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Canadian wireless companies spent about C$2.2 billion ($1.6 billion) in a sale of wireless-spectrum licenses, significantly less than analysts had forecast, as the sector grapples with high levels of debt.