And to think they can legally do that!True. If I had a dollar for everytime I heard. CEO say the dividend is safe to have it cut soon after.
And to think they can legally do that!True. If I had a dollar for everytime I heard. CEO say the dividend is safe to have it cut soon after.
True. If I had a dollar for everytime I heard. CEO say the dividend is safe to have it cut soon after.
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You got valid point. Lost a fortune on VET. I take 30% div cut on BCE. Time will tell.
But the Taco oligopoly is best. Very tasty dividends. Sadly for some people too much and it becomes a... short term holding which is... shitty.As someone commented in the Globe, looks like the bank oligopoly is stronger than the telco oligopoly.
Rogers and T both have gotten hit.bce must be loosing market in ontario.. they may be big out west.. or east. i am pretty sure they will continue to loose more .. its about time we have more competition in Canada... hopefully Rogers gets hit too.. imagine if the US came here
Canada does not allow foreigRogers and T both have gotten hit.
when you say everyone in cdn telco is hurting? this means just 2 companies rogers n bell ... any other company really piggy backs off them. Now 10 years ago and even now our price for a cell plan is the highest in the world why because of having just 2 companies... if Verizon comes in these 2 companies could go belly up.. but its too late for them to set up shop now.. but who knows worse things can happen. to me the price came down because of apps .. no one uses long distance anymore so they were forced to lower prices ... my friends in europe gong back 10 years ago had 2 cell phones in their pockets for a lower price than mine. i have had a cell phone before 2000 and trust me i did shop.. we do seem to be the only country perhaps offering 4 g hence your remark at 35 dollars for a plan thru fido as an example.. i was a proud cdn and would not spend my money in a US store outlet or a company over a cdn company since no US citizen would also not give business to a cdn company over a US company.. but the way we run things here .. its obvious we dont know how to run a business... i have family who have tried rogers and bell internet in the gta where they are always out at least once every month and a half they are sol cause there is no competition and god forbid if u have to call the 1800 number and be reminded by rogers all our support is in canada, what they forget to mention is yes they are in canada with a work permit. Not to confirm that yes a good chunk of revenue does come from business hard wired T1/fiber optics line and support ; cause all the top companies have to have both lines God forbid what happened when we lost rogers internet across canada cause some company was doing work.. but thats a whole different subjectEveryone in the Canadian telco industry is hurting, for wired internet the government is mandating the large players sell access to their network at a fixed price to small ISPs. For cellular it is cut throat pricing, you can easily get 50GB/month @ ~$35 right now where as 2 years ago you would get 5GB/month for the same price, this is just due to market competition.
I think about 70% of Bell's revenue comes from wired internet with the rest coming from cellular. If the government removes the mandate to sell access or increases the fix price for the sale of access then overnight Bell's fortunes will change for the better. I might pickup some BCE before the federal election, a new administration will probably be better for the Telco industry and worse for the consumer.
How to say you're an old guy without saying your an old guy....Not to confirm that yes a good chunk of revenue does come from business hard wired T1
its simple cause you understood itHow to say you're an old guy without saying your an old guy....
Roger's, Bell, and Telus are the big players that have their own infrastructure. there is also Videotron that mostly services Quebec, they are small but they have their own infrastructure.Canada does not allow foreig
when you say everyone in cdn telco is hurting? this means just 2 companies rogers n bell ... any other company really piggy backs off them. Now 10 years ago and even now our price for a cell plan is the highest in the world why because of having just 2 companies... if Verizon comes in these 2 companies could go belly up.. but its too late for them to set up shop now.. but who knows worse things can happen. to me the price came down because of apps .. no one uses long distance anymore so they were forced to lower prices ... my friends in europe gong back 10 years ago had 2 cell phones in their pockets for a lower price than mine. i have had a cell phone before 2000 and trust me i did shop.. we do seem to be the only country perhaps offering 4 g hence your remark at 35 dollars for a plan thru fido as an example.. i was a proud cdn and would not spend my money in a US store outlet or a company over a cdn company since no US citizen would also not give business to a cdn company over a US company.. but the way we run things here .. its obvious we dont know how to run a business... i have family who have tried rogers and bell internet in the gta where they are always out at least once every month and a half they are sol cause there is no competition and god forbid if u have to call the 1800 number and be reminded by rogers all our support is in canada, what they forget to mention is yes they are in canada with a work permit. Not to confirm that yes a good chunk of revenue does come from business hard wired T1/fiber optics line and support ; cause all the top companies have to have both lines God forbid what happened when we lost rogers internet across canada cause some company was doing work.. but ethats a whole different subject
where did u see this 35 $ plan? was it from the major players? like rogers fido bell? telus? or are u referring to kudoo? or however u spell it..Roger's, Bell, and Telus are the big players that have their own infrastructure. there is also Videotron that mostly services Quebec, they are small but they have their own infrastructure.
The $35 dollar plan for 50gb includes 5g. That is just an OK plan that anyone can get, I have seen $30 plans for 100gb but you have to jump through hoops to get it.
Overall, wired internet profitability is being choked by the government and wireless profitability is being choked by competition. Bell, Roger's, and Telus are all hurting bad.
I know we all like to hate our telcos here but the reality is that we are a huge country and these telcos had to take on billions of dollars of debt to build out the infrastructure. Unlike the government which can print money, these guys have to earn it to pay it back. Read BCE's quarterly reports and you will acquire knowledge.where did u see this 35 $ plan? was it from the major players? like rogers fido bell? telus? or are u referring to kudoo? or however u spell it..
internet profitability is being choked by the govt? how ? or is it that other countries have seen what it costs here and are laughing at us? and for the price of phone plans too?? i just hope that rogers and bell looses more money and then forces someone from the US to step in its about time that these clowns learn a good lesson....
Exactly. We're the population size of California but the density of Montana. It's tough for the Telcos to spread their costs over, what, 1/3 to 1/4 of the subscriber base? This was even AFTER Huawei practically gave their shit away years ago as part of the BelUS contract.I know we all like to hate our telcos here but the reality is that we are a huge country and these telcos had to take on billions of dollars of debt to build out the infrastructure. Unlike the government which can print money, these guys have to earn it to pay it back. Read BCE's quarterly reports and you will acquire knowledge.
The are also dependent on massive immigration to get new customers.I know we all like to hate our telcos here but the reality is that we are a huge country and these telcos had to take on billions of dollars of debt to build out the infrastructure. Unlike the government which can print money, these guys have to earn it to pay it back. Read BCE's quarterly reports and you will acquire knowledge.
where did u see this 35 $ plan? was it from the major players? like rogers fido bell? telus? or are u referring to kudoo? or however u spell it..
internet profitability is being choked by the govt? how ? or is it that other countries have seen what it costs here and are laughing at us? and for the price of phone plans too?? i just hope that rogers and bell looses more money and then forces someone from the US to step in its about time that these clowns learn a good lesson....