BCE shares continue to tumble
Globe and Mail (Free subscription) | 16/09/2008
Investors fear telecom's takeover may be endangered by Wall Street havoc
BCE
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Financial Turmoil Sends BCE Stock Down
Seeking Alpha (Free subscription) | 16/09/2008
FP Trading Desk submits: With each new day of U.S. financials mayhem , investors in BCE appear less and less confident that the privatization bid for the giant telecom will get done. The stock was down another 3% in morning trading on Monday, with the price now representing a 11% discount on the C$42.75 offer for the company led by Ontario Teachers Pension Plan. Complete Story »
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BCE and Telus to share the cost of a mobile network upgrade (Canada)
Wireless Federation (Free subscription) | 01/09/2008
According to a media report, BCE and Telus, Canada’s biggest telecom companies will share the cost of a mobile network upgrade. BCE and Telus are expected to announce an upgrade to high speed packet access (HSPDA) networks, estimated to cost as much as US$1.05 billion, report reveals. This mobile pact will allow them support such [...]
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Desjadins Analyst: BCE Maintains Guidance; Reiterates 'Hold' Rating
Seeking Alpha (Free subscription) | 08/08/2008
FP Trading Desk submits: Desjardins Securities maintains its guidance on soon-to-be-taken-out BCE Inc. (BCE) as the telecom giant posted second-quarter revenues that were in line with expectations and continues to restructure. In a note clients, Desjardins analyst Joseph MacKay reiterated his hold rating and C$42.75 target price on Canada's largest telecommunications company, representing the per-share...
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BCE gets strong wireless boost
Globe and Mail (Free subscription) | 06/08/2008
Telecom beats forecasts in latest quarter despite hit taken by land-line, Internet businesses
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BCE second-quarter profit drops ahead of sale
atHome Top Story (Free subscription) | 06/08/2008
Second-quarter profits at BCE Inc. fell to $361 million from a year-ago $667 million as the telecom giant prepared for its $52-billion sale to a private equity consortium.
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BCE profit falls from gain-led year-ago figure
Reuters UK (Free subscription) | 06/08/2008
TORONTO (Reuters) - BCE Inc , Canada's biggest telecom company, which is going private in a C$34.8-billion ($33.3 billion) buyout, reported a lower quarterly profit on Wednesday, compared with last year's results that included a gain from an asset sale.
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Bell hangs up on 2,500 jobs
atHome Top Story (Free subscription) | 29/07/2008
BCE Inc.'s move to slash 2,500 management jobs or six per cent of its workforce is likely just the beginning as the company prepares to go private, say analysts.
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Research and Markets: BCE Inc. - IT Sales Opportunities - 2008 is Essential Reading for IT and Telecom Equipment Vendors
Business Wire (Free subscription) | 28/07/2008
Through an in-depth analysis of industry trends and drivers and company level developments and events, we have made the ‘IT Selling Opportunities Map’ for hardware (including telecom equipment), software and IT services for BCE. These maps have been divided into four zones representing Level I, Level II and Level III opportunity areas. Level I opportunity areas have the highest scores and hence, there...
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BCE streamlines management
atHome Top Story (Free subscription) | 11/07/2008
Phone giant BCE Inc., which is in the process of being taken private for $52 billion including debt, is thinning its executive ranks as the company's new chief executive officer takes over.
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George Cope appointed to the boards of directors and as CEO of BCE Inc. and Bell Canada
PR News Wire (Free subscription) | 11/07/2008
New Bell structure and executive team announced MONTREAL, Quebec, July 11 /PRNewswire-FirstCall/ - BCE Inc. (TSX, NYSE: BCE) today announced that George Cope has been appointed to the boards of directors and as President and Chief Executive Officer of BCE and Bell Canada, effective today. As previously announced, Mr. Cope will also lead the company following the completion of its acquisition by...
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BCE: Analysts Still Convinced Deal Will Close at Original Price
Seeking Alpha (Free subscription) | 08/07/2008
FP Trading Desk submits: Despite renewed optimism from the Street that the BCE Inc. (BCE) buyout is all but a done deal following Friday's announcement that the private equity buyers led by Ontario Teachers Pension Plan had reached a financing agreement with the banks, shares in the telecom giant continued to trade at almost 8% below the C$42.75 per share offer price. After rising almost 13% to $39.64...
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BCE retooling to begin, says analyst
atHome Top Story (Free subscription) | 07/07/2008
BCE Inc. is expected to lay the groundwork this summer for a radical retooling, now that a $52-billion takeover of the telecom company appears headed for completion by the end of the year and a new top executive is takes over this week.
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BCE: Stock Jumps on News of Financing Agreement
Seeking Alpha (Free subscription) | 06/07/2008
FP Trading Desk submits: BCE Inc. (BCE) shares jumped 12% to $39.40 immediately after trading resumed following Friday morning's announcement that telecom giant has finally reached an agreement with a consortium of buyers that will take BCE private at the agreed on price of $42.75 a share. The company said the deal is expected to occur on or before Dec 11, 2008. Complete Story »
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TSX falls 133 points as resources drop with commodities
atHome Top Story (Free subscription) | 05/07/2008
The Toronto Stock Exchange's main index retreated yesterday as softer commodity prices pulled down energy and materials issues, while telecom giant BCE provided an upward push.
