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Re: What's Up for BCE in '06?
by
Stuart MacDonald
I'm not a telco guy, and don't pretend to be, so it could be that the Grand Vision is just beyond me. But when I look at what BCE has been doing over the past while (call it 3 years) I can't help but say "huh?" You cover this space like a hawk, Mark, so can you give any insights for we, The Great Unwashed? Because here's what I see: a core business (wireline voice) under fire from existing players and IP replacements, a heavy move into media in pursuit of ad dollars via "convergence" which they pull away from through the selling assets and farming out of Sympatico content *just when the reality looks set to meet some of the promise* (though their lame attempt at selling "convergence" was a dismal failure back in the day -- I got the sales calls, and they tried to push too much, too soon and one hand had not a clue what the other was doing), a wireless business with no apparent unique selling proposition, which likely means plenty o' churn and little loyalty if the US is any indicator, and a satellite TV business that is core to them, why, exactly? Jumpin's. What *are* they trying to do? Because I sure don't get it.
- Stuart
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