I picked up BCE at $45.10 in the long term portfolio. I've wanting to get into the communication sector for a while.
5% yield, and has a pretty tight trading range.
BCE Inc., a communications company, provides broadband communication services to residential and business customers in Canada. The company operates through four segments: Bell Wireline, Bell Wireless, Bell Media, and Bell Aliant. The company offers local and long distance telephone services under the Bell Home Phone brand; direct-to-home satellite television (TV) services under the Bell TV name; Internet protocol (IP) TV services under the Bell Fibe TV brand; and competitive local exchange carrier (CLEC) services. It also provides data services, including Internet access services under the Bell Internet name; IP based services, such as IP VPN, ethernet, business Internet, and Voice over Internet protocol services; information and communications technology solutions include professional services, hosted and cloud services, managed solutions, and infrastructure services; and voice solutions comprising audio and video conferencing, Webcasting, and Web conferencing business terminal equipment. In addition, the company is involved in the provision of network installation and maintenance services for third parties. Further, it offers wireless voice and data communications products and services under the Bell and Virgin Mobile brands. Additionally, the company provides media services comprising TV programming services to broadcast distributors. BCE Inc. operates approximately 30 conventional TV stations, and 40 specialty, pay, and pay-per-view TV channels; 107 radio stations; 9,500 advertising faces; and 200 Websites, including TheLoop.ca. It offers its services through call center representatives, independent dealer stores, and value-added resellers, as well as door-to-door sales representatives and Websites. The company was formerly known as Bell Canada Enterprises Inc. BCE Inc. was founded in 1983 and is based in Verdun, Canada.
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