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    BCE   CA05534B7604

BCE INC.

(BCE)
  Report
Delayed Quote. Delayed Toronto Stock Exchange - 10/21 03:13:07 pm
62.985 CAD   -0.31%
07:40aRogers Communications misses quarterly revenue estimates
RE
10/19BCE : Reports Results of Series S, T Preferred Share Conversions
MT
10/19BCE : reports results of Series S and T preferred share conversions
PR
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Canada regulator obtains court order to advance review of Rogers' acquisition of Shaw

08/05/2021 | 12:20pm EDT
FILE PHOTO: The Shaw Communications logo is seen at their office in Calgary

(Reuters) - The Canadian regulator looking into telecom company Rogers Communications' planned C$20 billion ($16 billion) purchase of Shaw Communications, has obtained court orders to advance its review, the Competition Bureau said on Thursday.

In March, Rogers agreed to buy Shaw in a deal that would create Canada's second-largest cellular and cable operator.

The Canadian government was quick to say it would attract stiff regulatory scrutiny, including an investigation from the Competition Bureau and a parliamentary hearing.

The orders obtained earlier this week will allow the bureau to compel companies including BCE Inc, TELUS Corp and Quebecor Inc-owned Videotron to produce records relevant to the investigation, a statement from the bureau said.

It is not clear how long the investigation will take, the statement said.

Rogers and Shaw declined to comment on the move.

Rogers shares were flat while Shaw shares were up 0.8%, while the benchmark Canadian share index was up 0.4%.

(Reporting by Moira Warburton in Vancouver; Editing by Chris Reese)

By Moira Warburton


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
BCE INC. -0.28% 62.99 Delayed Quote.16.08%
ROGERS COMMUNICATIONS INC. -1.70% 60.29 Delayed Quote.3.38%
SHAW COMMUNICATIONS INC. -0.25% 35.79 Delayed Quote.60.65%
TELUS CORPORATION 0.14% 27.845 Delayed Quote.10.43%
All news about BCE INC.
07:40aRogers Communications misses quarterly revenue estimates
RE
10/19BCE : Reports Results of Series S, T Preferred Share Conversions
MT
10/19BCE : reports results of Series S and T preferred share conversions
PR
10/19BCE : Rogers Chairman Says There Is "Room For Improvement" In Co's Performance
MT
10/18Toronto market scales record high on rotation into technology
RE
10/18BCE : RBC Capital Adjusts Price Target for BCE to CA$64 From CA$63, Maintains Sector Perfo..
MT
10/18BCE : Low Regulatory Risk in Canadian Telecoms Sector, Says RBC Capital
MT
10/18RBC Capital Reiterates Constructive View on Canadian Telecom Sector
MT
10/18BCE : RBC Capital on Canadian Telecommunications Services' Q3/21 Preview
MT
10/18BCE INC.(BOIN : ) added to S&P/TSX Preferred Share Index
CI
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Analyst Recommendations on BCE INC.
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Financials
Sales 2021 23 689 M 19 127 M 19 127 M
Net income 2021 2 717 M 2 193 M 2 193 M
Net Debt 2021 29 910 M 24 149 M 24 149 M
P/E ratio 2021 21,0x
Yield 2021 5,54%
Capitalization 57 311 M 46 428 M 46 273 M
EV / Sales 2021 3,68x
EV / Sales 2022 3,56x
Nbr of Employees 50 704
Free-Float 84,9%
Chart BCE INC.
Duration : Period :
BCE Inc. Technical Analysis Chart | BCE | CA05534B7604 | MarketScreener
Technical analysis trends BCE INC.
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 18
Last Close Price 63,18 CAD
Average target price 64,56 CAD
Spread / Average Target 2,19%
EPS Revisions
Managers and Directors
Mirko Bibic President, Chief Executive Officer & Director
Glen LeBlanc Chief Financial Officer & Executive Vice President
Gordon Melbourne Nixon Chairman
Stephen Howe Chief Technology Officer
Michael Cole Chief Information Officer
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