Cable / Telecom News

COMMENTARY: What BCE could spend its $1.3 billion on

LAST WEEK’S ANNOUNCEMENT of BCE’s divestiture of all but 20% of its ownership holding in Bell Globemedia left one enormous burning question. What is the company going to do with the $1.3 billion in proceeds from its sale of control of one of Canada's largest media companies? BCE CEO Michael Sabia told an analyst conference call last week that the company won’t be announcing what it plans to do with the money until February. Here, in no particular order, is the www.cartt.ca Top 10 List of things BCE could do with its new pile of money, when it receives it...