dnpupq6xcc5]0i2h78m7(j{7_media_dl_1.png Bloomberg
(Bloomberg) — BCE Inc. plans to save C$1.5 billion ($1.1 billion) in costs and expand home internet services in western Canada and the US to restore growth after its share price fell by 26% over the past year.
Canada’s largest telecommunications company plans to increase free cash flow by 7% a year between 2025 and 2028. Management is also targeting revenue growth of as much as 4% over the same period, BCE said before the start of its investor day Tuesday.
The company, based in the Montreal region, plans to launch internet service in the coming weeks in British Columbia and Alberta, a territory currently dominated by Telus Corp. and Rogers Communications Inc.
That move comes a few months after the Canadian government upheld a regulato