Canada's top telecom warns trade war will add to wireless-unit challenges [BNN Bloomberg (Canada)]
BCE, Inc. (BCE)
Last bce, inc. earnings: 2/6 07:00 am
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Source: BNN Bloomberg
“Everyone is going to have to get comfortable with lower volumes of sales,” BCE Inc. Chief Executive Officer Mirko Bibic said in an interview with Bloomberg. “And then, if customers get concerned around the economic impacts of tariffs, and there's less demand for second lines, third lines — there will still be a demand as penetration goes up, but penetration may not go up as fast.” Canada plans to admit nearly 20% fewer permanent residents this year than in 2024, as well as fewer foreign students. This smaller pool led to a 56% year-over-year drop in net postpaid wireless subscriber additions during BCE's fourth quarter. On the trade front, Bibic said tariffs don't affect the company directly. But he's watching their “secondary impacts” on consumer
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