17:29:58 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



BCE Inc (2)
Symbol BCE
Shares Issued 867,980,209
Close 2016-05-02 C$ 58.64
Market Cap C$ 50,898,359,456
Recent Sedar Documents

Globe says MTS's customers never asked for BCE

2016-05-03 08:27 ET - In the News

Also In the News (C-MBT) Manitoba Telecom Services Inc
Also In the News (C-T) Telus Corp (2)

The Globe and Mail reports in its Tuesday edition that BCE's $3.1-billion deal to acquire Manitoba Telecom Services prompts the question of whether Manitobans should be alarmed. Guest columnist Shachi Kurl writes that indeed, the deal may cause concern not just among consumers and industry watchers in one province, but across the rest of the country. The agreement will see BCE assign 140,000 -- about one-third -- of its new MTS postpaid cellular subscribers to Telus, which has only about 10 per cent of the province's market share. BCE will also assign one-third of MTS's Manitoba dealer locations to Telus. This is not necessarily bad for the customer, but roughly half of Canadians (55 per cent) say there is not enough competition in the cellphone business sector as a whole. Among them are half a million current MTS subscribers who are absorbing the news that they will soon be sending monthly payments to a provider they specifically did not sign up with. Beyond choice, the other major potential impact of less competition is, of course, price. Most Canadians -- 61 per cent -- say mobile plans are too expensive. Canadians are also unhappy about how much it costs to receive TV programming.

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