Distributel

BCE reports 2023 Q4 and full-year results, announces 2024 financial targets and 3.1% annual dividend increase to $3.99 per share

Retrieved on: 
Thursday, February 8, 2024
Partnership, EPS, Black Friday, TSN, Growth, Bell Canada, Best Buy, Black, Distributel, Rationalization, Internet of things, CRTC, Churn, Postpaid mobile phone, Bell TV, IPTV, SAM, News, Environment, Internet, Digital, Public expenditure, BCE, Investment, RDS, CTS, Crave, Depreciation, Federation, Acquisition, Quaternary, Sale, Public policy, Bell, Virgin Plus, Bell Media, ARPU, Performance, Face, Human, Communication, NAS, Mobile phone

"BCE is in a good position, having achieved our financial targets for 2023 while having weathered increasing macroeconomic headwinds and an unsupportive public policy environment this past year.

Key Points: 
  • "BCE is in a good position, having achieved our financial targets for 2023 while having weathered increasing macroeconomic headwinds and an unsupportive public policy environment this past year.
  • Adjusted net earnings were up 5.7% in Q4 to $691 million, delivering a 7.0% increase in adjusted EPS to $0.76.
  • BCE capital expenditures in Q4 were $1,029 million, down 37.2% from $1,638 million in Q4 last year, corresponding to a capital intensity13 of 15.9%, compared to 25.4% in Q4 2022.
  • For Q4 2023, Bell Media was ranked number one in full-day viewership in the French-language entertainment and pay specialty market.

BCE reports third quarter 2023 results

Retrieved on: 
Thursday, November 2, 2023
Communication, IPTV, KPI-driven code analysis, Ageing, ARPU, Sport, Bell Canada, SAM, Churn, CTS, Public expenditure, Human, Bell TV, Bell, EBITDA, Postpaid mobile phone, News, Crave, The Source, Advertising, Quaternary, Acquisition, BCE, NAS, Virgin Plus, Growth, EPS, Bell Media, RDS, Performance, Depreciation, BCE Inc., Distributel, CRTC, MTS, TSN, Music, Video game, Cryptocurrency, Mobile phone, Television, Q3

"With year-to-date consolidated financial results in line with budget, we're in a great position heading into the end of the year.

Key Points: 
  • "With year-to-date consolidated financial results in line with budget, we're in a great position heading into the end of the year.
  • BCE capital expenditures were $1,159 million, down 12.0% from $1,317 million last year, corresponding to a capital intensity8 of 19.1%, compared to 21.9% in Q3 2022.
  • At the end of Q3 2023, mobile connected device subscribers9 totalled 2,653,802, a 13.1% increase over last year.
  • BCE confirmed its financial guidance targets for 2023, as provided on February 2, 2023, as follows:

BCE reports second quarter 2023 results

Retrieved on: 
Thursday, August 3, 2023
Workforce, Quaternary, Bell TV, Bell, Bell Canada, Postpaid mobile phone, KPI-driven code analysis, NAS, Crave, Bell Internet, Bell Media, CTV, Human, BCE, Noovo, Churn, ARPU, Public expenditure, Internet, EBITDA, Acquisition, Investment, IPTV, RDS, Communication, Performance, Sport, Depreciation, Growth, EPS, Ageing, CRTC, SAM, News, Cryptocurrency, Music, Retail, Bookkeeping, Mobile phone, Network equipment provider, Television, Distributel

BCE capital expenditures were $1,307 million, up 7.2% from $1,219 million last year, corresponding to a capital intensity10 of 21.5%, compared to 20.8% in Q2 2022.

Key Points: 
  • BCE capital expenditures were $1,307 million, up 7.2% from $1,219 million last year, corresponding to a capital intensity10 of 21.5%, compared to 20.8% in Q2 2022.
  • Despite contractual increases for premium content, operating costs improved 0.7%, due to the normalization of hockey schedules in 2023 and cessation of CRTC Part II fees in April 2023.
  • BCE's Board of Directors has declared a quarterly dividend of $0.9675 per common share, payable on October 16, 2023 to shareholders of record at the close of business on     September 15, 2023.
  • BCE confirmed its financial guidance targets for 2023, as provided on February 2, 2023, as follows:

BCE reports first quarter 2023 results

Retrieved on: 
Thursday, May 4, 2023
Quaternary, EBOX, Bell TV, Bell, Advertising, Bell Canada, Postpaid mobile phone, KPI-driven code analysis, NAS, Crave, Person, Bell Internet, Bell Media, Human, BCE, Churn, Sale, BCE Inc., ARPU, Public expenditure, CTS, EBITDA, Acquisition, IPTV, RDS, Communication, Performance, Radio, Sport, Depreciation, Growth, Digital, EPS, Ageing, TSN, SAM, News, Retail, Music, Cryptocurrency, Bookkeeping, Mobile phone, Holding company, Numeris, Crea-Tech, Distributel

BCE revenue grew a strong 3.5%, despite an economic environment that continues to impact media advertising and our business markets sector.

Key Points: 
  • BCE revenue grew a strong 3.5%, despite an economic environment that continues to impact media advertising and our business markets sector.
  • 17 According to Numeris, P2+ (Persons aged 2 or more) Total Canada, Q1 2023 (01/01/2023 - 03/31/2023) and Numeris, French Québec, Q1 2023 (01/01/2023 to 03/31/2023) P2+ and A25-54, French-language sports channels.
  • BCE's Board of Directors has declared a quarterly dividend of $0.9675 per common share, payable on July 17, 2023 to shareholders of record at the close of business on June 15, 2023.
  • BCE confirmed its financial guidance targets for 2023, as provided on February 2, 2023, as follows:

BCE reports 2022 Q4 and full-year results, announces 2023 financial targets

Retrieved on: 
Thursday, February 2, 2023
Bank statement, Public expenditure, EPS, Person, IPTV, Postpaid mobile phone, Human, IIHF, Bell Canada, Ageing, Bell Media, SAM, IAS, Crave, Black Friday, IAS 7, Internet, Radio, Acquisition, EBITDA, Bell, News, CFL, Business, Third-party logistics, Football, Sale, BCE, Sport, Bell TV, NFL, RDS, Pacific Bell Wireless, ARPU, Growth, IIHF World Junior Championship, Performance, Foot, Churn, Digital, NAS, Note 2, BCE Inc., Advertising, Depreciation, KPI-driven code analysis, TSN, Bank, Video game, Music, Cryptocurrency, Bookkeeping, Mobile phone, Retail, Distributel, Crea-Tech, Q4, Numeris

"We capped off 2022 with another quarter of consistent and disciplined execution that drove a strong 3.7% increase in total revenue in Q4.

Key Points: 
  • "We capped off 2022 with another quarter of consistent and disciplined execution that drove a strong 3.7% increase in total revenue in Q4.
  • "BCE's fundamentals and competitive position are as strong as ever, as evidenced by our 2022 operating results and consistent financial guidance targets for 2023.
  • BCE capital expenditures in Q4 were $1,638 million, up 11.7% from $1,466 million last year, corresponding to a capital intensity12 of 25.4%, compared to 23.6% in Q4 2021.
  • 19 According to Numeris, P2+ (Persons aged 2 or more) Total Canada, Q4 2022 (10/01/2022 - 12/31/2022) and Numeris, French Québec, Q4 2022 (10/01/2022 to 12/31/2022) P2+ and A25-54, French-language sports channels.

Rogers-Shaw merger: TekSavvy challenges wholesale deal with Vidéotron, says CRTC ruling required before Minister's final decision

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Thursday, January 19, 2023
Freedom, Competition Tribunal, Competition Bureau, Heart, Telecommunication, Internet service provider, ISP, Bell, Federation, Telecommunications Act of 1996, Economics, History, Commissioner, Competition, CRTC, Shaw, Tribunal, TPIA, Freedom Mobile, Acquisition, Telecommunications Act, TekSavvy, Distributel, VMedia

The CRTC sets wholesale rates paid by ISPs who lease access to large carrier networks.

Key Points: 
  • The CRTC sets wholesale rates paid by ISPs who lease access to large carrier networks.
  • The wholesale arrangements between Rogers and Vidéotron were a key factor in the Competition Tribunal's Dec. 31 decision to allow the Rogers-Shaw merger.
  • "The CRTC has exclusive jurisdiction over this matter, and it must render its decision before the Minister makes his final decision on the merger."
  • TekSavvy's application requests that the CRTC also investigate whether Bell is providing unduly preferential wholesale arrangements to its recently acquired ISPs.

Minister Champagne must block the Rogers-Shaw merger and deny Vidéotron bid for Freedom Mobile

Retrieved on: 
Tuesday, January 10, 2023
CRTC, Rogers, Competition, Federal court, Freedom Mobile, Federal Court of Appeal, Competition Tribunal, Competition Bureau, Internet service provider, Bell, Freedom, Cabinet, Shaw, Science, Distributel, TekSavvy

The Competition Bureau appealed the tribunal's decision to the Federal Court of Appeal, to be heard January 24th.

Key Points: 
  • The Competition Bureau appealed the tribunal's decision to the Federal Court of Appeal, to be heard January 24th.
  • "Minister Champagne must block this anticompetitive deal - or they will soon squeeze out remaining ISPs and hike consumer prices even higher."
  • TekSavvy has said federal approval for the merger must be contingent upon first enacting the CRTC's 2019 decision to lower its regulated rates.
  • However, in May of 2022, Minister Champagne declined to implement the CRTC decision and instead endorsed much higher regulated rates, as requested by Rogers and Bell.

BCE reports third quarter 2022 results

Retrieved on: 
Thursday, November 3, 2022
GHG, Growth, Bell, Data monetization, DTC, ESG, Advertising, Solution, Maintenance, U.S. Securities and Exchange Commission, Forward-looking statement, Risk, Tax, ARPU, News, COVID-19, BCE, Telecommunication, Mental health, Failure, EBITDA, Research, Information technology, Bank, Consultant, Government, Second, DSP, Instability, Pacific Bell Wireless, Tablet, Annual report, Churn, IOT, Workplace, ...Continued, Mission statement, Climate change, SAM, Investment, Epidemic, NAS, Internet, Bell Media, Private Securities Litigation Reform Act, Adoption, Radio, Acquisition, OTT, Bell Let's Talk, Public expenditure, Pandemic, Bank of Canada, EPS, Bookkeeping, Risk management, Oil, Mobile phone, Crave, Distributel

The forward-looking statements contained in this news release describe our expectations as of November 3, 2022 and, accordingly, are subject to change after such date.

Key Points: 
  • The forward-looking statements contained in this news release describe our expectations as of November 3, 2022 and, accordingly, are subject to change after such date.
  • We caution that the foregoing list of risk factors is not exhaustive and other factors could also adversely affect our results.
  • We encourage investors to also read BCE's 2021 Annual MD&A dated March 3, 2022 (included in BCE's 2021 Annual Report) and BCE's 2022 First, Second and Third Quarter MD&As dated May 4, 2022, August 3, 2022 and November 2, 2022, respectively, for additional information with respect to certain of these and other assumptions and risks, filed by BCE with the Canadian provincial securities regulatory authorities (available at Sedar.com ) and with the U.S. Securities and Exchange Commission (available at SEC.gov ).
  • BCE is Canada's largest communications company, providing advanced Bell broadband wireless, Internet, TV, media and business communications services.

Bell and Distributel announce strategic agreement to support expansion of Internet services for consumers and businesses

Retrieved on: 
Friday, September 2, 2022
Partnership, CEO, Technology, Research, Enterprise, Internet, Solution, Bell Let's Talk, BCE Inc., Primus, HC2 Holdings, Leadership, ESG, Certification, Communication, Mental health, SMB, Bell, Acquisition, Industry, Family, Television, Mobile phone, Enrique Dussel, Distributel

With this acquisition, Distributel will continue delivering world class, innovative products and services to Canadian consumers and businesses across the country.

Key Points: 
  • With this acquisition, Distributel will continue delivering world class, innovative products and services to Canadian consumers and businesses across the country.
  • Bell is committed to providing world-leading, resilient networks to Canadians, and offering consumers and businesses an array of services that best meet their needs.
  • "Distributel is a highly successful company with experienced industry talent and we're excited for them to join the Bell group of companies.
  • As part of Bell, Distributel will enhance its innovative services for residential and small and medium business customers, backed by Bell's resources and technology."

Distributel Encouraged by Long-Term Potential of Government's New Telecom Policy Directive

Retrieved on: 
Friday, May 27, 2022
Internet, Policy, Certification, HC2 Holdings, Telecommunication, Investment, Government, Solution, Enterprise, Review, Commission, Industry, SMB, Comment, Acquisition, Primus, Outline, Government of Canada, CEO, Online gambling, Renewable energy, Distributel, CRTC

The new policy directive is designed to address longstanding systemic problems in Canada's telecommunications regulatory landscape and will refocus the CRTC's priorities toward consumer rights and competitive matters.

Key Points: 
  • The new policy directive is designed to address longstanding systemic problems in Canada's telecommunications regulatory landscape and will refocus the CRTC's priorities toward consumer rights and competitive matters.
  • Policy directives are the formal instructions from the government to the CRTC that outline the approach the Commission should take in regulating the industry.
  • This new directive will replace two previous directives, resolving inherent contradictions that have often led to conflicting objectives in CRTC decision-making.
  • "I'm optimistic about the impact this new directive will have in the mid- to long-term" says Matt Stein, CEO of Distributel.