Reported 18 days ago
BCE, Canada's telecommunications and media company, has increased its cost-saving goal to C$1.5 billion by 2028, as it focuses on operational simplification and expansion in North America. The target was revealed during the company's investor day, which marked its first in over ten years. BCE anticipates a 15% annual growth in free cash flow from 2025 to 2028 and plans to enhance its services in British Columbia and Alberta while shifting towards more efficient technologies. The company has invested significantly in its network upgrades and aims for revenue growth of 2% to 4% during the same period.
Source: YAHOO