BCE Inc. hikes dividend and plans new service to attract cord cutters as competition intensifies

[ad_1] BCE Inc.’s bottom line took a hit from closing costs associated with buying Manitoba Telecom Services earlier this year, but the telecom giant’s otherwise consistent financial results pleased both analysts and shareholders at the annual general meeting on Wednesday. Bell, Canada’s largest telecommunications company, reported quarterly results hit analysts’ expectations despite intense competition from…

Bell MTS deal closes, kicking off $1-billion investment that brings 4G to Churchill, Manitoba

[ad_1] Tourists in Churchill, Man. can now officially access an upgraded wireless network to post polar bear photos on Instagram. BCE Inc. formally closed its $3.9 billion acquisition of Manitoba Telecom Services, the company announced Friday, one month after federal regulators approved the deal. The telecom giant kicked off its promised $1 billion, five-year investment…

SaskTel says it faces ‘new unique challenge’ if Bell-MTS deal approved

[ad_1] Crown corporation SaskTel says its business may get riskier if BCE Inc. gets permission to acquire Manitoba Telecom Services. The regional telecommunications carrier said Bell’s planned $3.9-billion takeover of neighbouring provider MTS represents a “new unique challenge,” according to a report released Monday, prepared at the premier’s request in response to a June independent…