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Enter Symbol
or Name
USA
CA



BCE Inc (2)
Symbol BCE
Shares Issued 775,802,556
Close 2013-05-15 C$ 47.86
Market Cap C$ 37,129,910,330
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Globe says BCE, Rogers ready to pounce

2013-05-17 08:06 ET - In the News

See In the News (C-RCI) Rogers Communications Inc

The Globe and Mail reports in its Friday edition that despite its hefty size, BCE says it is interested in acquiring rival wireless carriers if Ottawa allows it. The Globe's Rita Trichur and Boyd Erman write potential acquisition targets could include Wind Mobile and Public Mobile. Wind is attractive because it offers service in Ontario and Western markets, which generate higher average revenues per user. BCE's Bell division has already made a push to gain Western market share. Public Mobile might also be an option because of the type of spectrum that it owns, which makes it a better fit with Bell's other network assets. Rogers Communications already has an option on Shaw Communications' spectrum. Rogers wants to use those radio waves to add capacity to its wireless network in key Western markets. Rogers will not formally apply to take control of that asset until the fall of 2014, to remain onside with Ottawa's ban on transfers to incumbents before that time. The deal with Shaw is partly what prompted the government to call a review of its spectrum-transfer policy. However, if Ottawa gives its blessing to Telus's purchase of Mobilicity, industry observers suggest the Rogers-Shaw deal should sail through.

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