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Re: Telus, BCE Income Trusts Killed
by
Anonymous
This is bad news for investors who won't have those guarenteed dividends anymore, but great news for everyone interested in the future development of the country's communications infrastructure.
The conversion of Bell and Telus into income trusts would have seriously limited their flexibilty, as almost all of their net income would have to be regularly given out to its shareholders, rather than be used for reinvestment. Now, telcos will have much more freedom to reinvest in infrastructure, which is in the long-term interests of the country and the networked economy.
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