05:21:02 EDT Tue 16 Apr 2024
Enter Symbol
or Name
USA
CA



BCE Inc (2)
Symbol BCE
Shares Issued 840,536,626
Close 2015-03-19 C$ 53.73
Market Cap C$ 45,162,032,915
Recent Sedar Documents

Globe says BCE, others grin and bear "pick-and-pay" TV

2015-03-20 08:02 ET - In the News

Also In the News (C-CCA) Cogeco Cable Inc
Also In the News (C-RCI) Rogers Communications Inc
Also In the News (C-SJR) Shaw Communications Inc

The Globe and Mail reports in its Friday edition that as Canadian television moves to an unbundled world, experts say cable companies will face some revenue pressures but broadcasters will be hit harder. The Globe's Christine Dobby writes the CRTC issued its long-awaited "pick-and-pay" ruling Thursday, confirming that by the end of 2016, television distributors will have to offer a basic package capped at $25 and give customers the ability to add individual channels or small bundles on top of that. Desjardins analyst Maher Yaghi suggests customers will gravitate toward the pick-and-pay model. "You're going to have so many more options to get TV on-line that you don't need to have your TV stocked up with all the channels," said Mr. Yaghi. Television distributors will likely increase the amount they charge for Internet services to help make up for this migration and Mr. Yaghi predicted the CRTC might have to hold another hearing two to three years from now to consider high Internet prices. Earlier this week, he predicted that the mandated increase in customer choice would lead to a $5 to $10 decrease in what the typical customer spends (now $63.66) that television distributors take in per month.

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