We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Shares of BCE have rallied 11.8%, outperforming the industry’s growth of 7.5%, over the last six months.
On Mar 17, 2017, BCE’s subsidiary, Bell Canada, completed the acquisition of Manitoba Telecom Services Inc. (MTS) and helped it gain almost 710,000 wireless, Internet and IPTV customers in Manitoba. This development has further led to a 5% increase in total broadband service subscribers and also catapulted Bell Canada to the status of a leading mobile provider in Manitoba with more than 470,000 total Bell and MTS wireless subscribers.
We are impressed with BCE’s efforts to strengthen footprint in advanced networks Fibe TV and Fibe Internet services as well as the hosting and cloud suite.
Bell Canada plans to invest $854 million, aiming to connect millions of homes and businesses in Montreal with the fastest broadband fiber technology. This move in turn will expectedly aid the BCE unit’s fiber-optics network suite.
BCE’s acquisition of Q9 Networks has also fortified its foothold in the cloud space.
Increasing deployment of Gigabit Fibe, 4G LTE mobile networks, IP phone services and post-paid businesses have helped the company win customers in its post-paid wireless business and put a check on subscriber loss.
We further believe, significant investments in network coverage, customer retention, lucrative data plans and launch of new handsets along with provision of net protection might have driven a steady customer rise.
However, the company operates in a highly competitive market. In the wireless segment, BCE competes with the likes of Rogers Communications Inc. (RCI - Free Report) and TELUS Corporation (TU - Free Report) as well as small regional carriers in Canada. In the wireline segment, it contends with Shaw Communications Inc. .
One Simple Trading Idea
Since 1988, the Zacks system has more than doubled the S&P 500 with an average gain of +25% per year. With compounding, rebalancing, and exclusive of fees, it can turn thousands into millions of dollars.
This proven stock-picking system is grounded on a single big idea that can be fortune shaping and life changing. You can apply it to your portfolio starting today.
Image: Bigstock
Here's Why You Should Retain BCE Stock in Your Portfolio
On Sep 7, 2017, we issued an updated research report on BCE Inc. (BCE - Free Report) , a leading Canadian telephone operator.
The company currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Shares of BCE have rallied 11.8%, outperforming the industry’s growth of 7.5%, over the last six months.
On Mar 17, 2017, BCE’s subsidiary, Bell Canada, completed the acquisition of Manitoba Telecom Services Inc. (MTS) and helped it gain almost 710,000 wireless, Internet and IPTV customers in Manitoba. This development has further led to a 5% increase in total broadband service subscribers and also catapulted Bell Canada to the status of a leading mobile provider in Manitoba with more than 470,000 total Bell and MTS wireless subscribers.
We are impressed with BCE’s efforts to strengthen footprint in advanced networks Fibe TV and Fibe Internet services as well as the hosting and cloud suite.
Bell Canada plans to invest $854 million, aiming to connect millions of homes and businesses in Montreal with the fastest broadband fiber technology. This move in turn will expectedly aid the BCE unit’s fiber-optics network suite.
BCE’s acquisition of Q9 Networks has also fortified its foothold in the cloud space.
Increasing deployment of Gigabit Fibe, 4G LTE mobile networks, IP phone services and post-paid businesses have helped the company win customers in its post-paid wireless business and put a check on subscriber loss.
We further believe, significant investments in network coverage, customer retention, lucrative data plans and launch of new handsets along with provision of net protection might have driven a steady customer rise.
However, the company operates in a highly competitive market. In the wireless segment, BCE competes with the likes of Rogers Communications Inc. (RCI - Free Report) and TELUS Corporation (TU - Free Report) as well as small regional carriers in Canada. In the wireline segment, it contends with Shaw Communications Inc. .
One Simple Trading Idea
Since 1988, the Zacks system has more than doubled the S&P 500 with an average gain of +25% per year. With compounding, rebalancing, and exclusive of fees, it can turn thousands into millions of dollars.
This proven stock-picking system is grounded on a single big idea that can be fortune shaping and life changing. You can apply it to your portfolio starting today.
Learn more >>