BCE Inc. plans to save C$1.5 billion ($1.1 billion) in costs and expand home internet services in western Canada and the US to restore growth. The shares fell.
Canada’s largest telecommunications company is set to increase free cash flow by 7% a year between 2025 and 2028. Management is also targeting revenue growth of as much as 4% over the same period, BCE said before the start of its investor day Tuesday.