The Globe and Mail reports in its Friday, Oct. 10, edition that Desjardins analyst Jerome Dubreuil says Canada's telecommunications companies saw "a quieter quarter for a sector historically appreciated for its stability." The Globe's David Leeder writes in the Eye On Equities column that Mr. Dubreuil says in a note: "Promotional intensity was under relative control in the quarter as the discipline of the back-to-school season should somewhat reassure investors. That said, we do not anticipate meaningful immediate improvement in ARPU as the subscriber base is still being repriced downward and U.S. travel dynamics have likely hurt roaming fees in 3Q25. The sector continues to offer decent protection against potential macroeconomic deterioration." Mr. Dubreuil calls BCE his top pick in the medium term. He rates the shares "buy." He gave his share target a 50-cent boost to $41. Analysts on average target the shares at $35.23. Mr. Dubreuil adds: "Our 3Q25E EBITDA is slightly below the Street due to a tough media comp, but we are hopeful the investor day (October 14) will help the market better appreciate the prospects of: (1) organic EBITDA growth resuming in 2026; and (2) the benefits of the Ziply deal and PSP partnership."