Description
(AWP Alliance News) - BCE reaffirmed its 2026 financial guidance at its Nov. 5 third-quarter results call, attended by CEO Mirko Bibic, CFO Curtis Millen and investor relations head Kris Somers. Management maintained planned capital expenditure of approximately USD 5 billion, with spending expected to increase in the fourth quarter.
La Caisse's USD 2.45 billion purchase of a 49.9% stake in TowerCo is expected to close in the first quarter of 2027, providing funding flexibility while leaving the year-end 2027 net debt leverage target unchanged at 3.5 times. Bibic said contracted Bell AI Fabric projects could generate more than USD 500 million in EBITDA; the first Saskatchewan data hall remains scheduled to open in the first half of 2027, with all halls operating by year-end.
Management expects wireless service revenue and average revenue per user to return to growth by mid-2027 if improving pricing trends continue.
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Disclaimer: This news brief was created using generative artificial intelligence. BCE Inc. published the original content used to generate this news brief on November 12, 2026, and is solely responsible for the information contained therein.
