Telecom Giant Bets Billions on Fiber Expansion After Brutal Dividend Cut

Telecom Giant Bets Billions on Fiber Expansion After Brutal Dividend Cut

This article first appeared on GuruFocus. BCE Inc. (NYSE:BCE) has drawn a new playbook for investors after years of bruising declines, announcing a sweeping C$1.5 billion cost-cutting plan and a bold push into new broadband markets across western Canada and the United States. Management laid out a path to lift free cash flow by roughly […]

Telecom Giant Bets Billions on Fiber Expansion After Brutal Dividend Cut

Telecom Giant Bets Billions on Fiber Expansion After Brutal Dividend Cut

This article first appeared on GuruFocus. BCE Inc. (NYSE:BCE) has drawn a new playbook for investors after years of bruising declines, announcing a sweeping C$1.5 billion cost-cutting plan and a bold push into new broadband markets across western Canada and the United States. Management laid out a path to lift free cash flow by roughly […]