Bell Canada parent BCE Inc. talking to pension funds about possible sale
I was going to write about this a few days ago but could not find a confirmed source until today. They have been in talks for months but it was being denied by many of the higher up Bell employees.
Maybe the purchasing firm will revamp their customer service
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Originally Posted by henriksedin33
Not at all, as I've said, I would rather start with LA over any of the other WC playoff teams. Bunch of underachievers who look good on paper but don't even deserve to be in the playoffs.
I heard that they decided instead of being taken over, they'd try to take over Shaw?
I heard the same thing. Personally, I think if Bell took over Shaw it would be the best thing to happen to cable television in Western Canada as they would probably take an interest in improving signal quality and the level of content available.
You have more faith than I. Competition is eliminated so then quality and customer service improve? Bell? I am not so optimistic.
I have no faith that customer service would improve. Also, I'm convinced there would still be competition as I bet the CRTC would not allow a single company to own both of the two sattelite television companies that operate in Canada.
Just so long as they don't turn TSN into a knitting network, all will bo A.O.K
Who has the purchasing power in Canada to entertain a serious offer? I can't help but this this is American spearheaded...DirectTV or more likely DishNetworks. The percentage of Canadians with digital TV is well ahead of most other countries, with our dollar being so high again, it's probably an attractive market.
Doubtful its DirectTV after BCE. Maybe after the BEV arm but not after the whole of BCE.
BCE has alot of different buisness units that could be very profitable in todays climate if sold off by themselves.
CTV, Cable Networks, Bell Telephone, BEV, Bell Cellphone, GnM, Tech arm etc. In todays market where you can maximize value by divesting individual parts, that is likely what will happen with BCE.
From the sounds of things a group of large Canadian pension funds, who already own a good part of BCE, is after the company.
BCE is a pretty good fit for them, because they offer both a good steady income (from the wireline services), and growth opportunities from stuff like Expressvu, Bell Mobility and the media division.
The company I had heard rumors about was BCE and Telus. Isn't some private quity company in the US licking it's chops at the prospect of buying up Bell depending on some CRTC ruling on foreign ownership?
Well a lot of these pension funds are under pressure to get some real market beaters here to make sure they don't collapse in the near future given the demographic makeup of the continent. If a Pension fund gets hold of these guys the bottom line will matter more than ever. Investors and shareholders like big profits and nice returns. Pension plans need big profits and nice returns or they collapse.
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Bell Canada parent BCE Inc. talking to pension funds about possible sale
