12:10:35 EDT Fri 09 May 2025
Enter Symbol
or Name
USA
CA



BCE Inc (2)
Symbol BCE
Shares Issued 912,283,103
Close 2024-10-29 C$ 45.20
Market Cap C$ 41,235,196,256
Recent Sedar Documents

Globe says BCE, rivals get peek at fibre network rates

2024-10-29 07:52 ET - In the News

Also In the News (C-QBR) Quebecor Inc
Also In the News (C-T) Telus Corp (2)

The Globe and Mail reports in its Tuesday edition that the CRTC has set more interim rates at which telephone companies must grant rivals access to their fibre networks, though some providers have said the rates are still too high and will hinder competition. The Globe's Irene Galea writes that the decision, announced Friday, largely reaffirmed previous rates set for Ontario and Quebec, and introduced new rates outside of these provinces. It sets the prices that service providers will pay to access the fibre networks owned by BCE, Telus and SaskTel. The third party Internet access mandate allows smaller operators to access incumbents' networks at CRTC-set prices for seven years, allowing them to earn income and win customers while they build their own networks. The telcos have seen their stock prices under pressure in recent months amid wireless competitive pressures. Analysts describe the rates as generally favourable to the incumbents, saying the rates would support competition but not do undue harm to the telecom giants. Bank of Nova Scotia analyst Maher Yaghi said that BCE and Telus had "dodged a big bullet" and that the CRTC's decision seemed to encourage network investments. Quebecor says the rates are too high.

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