You will be redirected back to your article in seconds

BCE wheels and deals

BCE Inc. may seek to finance its proposed investment in Jones Intercable Inc. by selling equity in BCE Telecom Intl. Inc., the unit making the investment. L.R. Wilson, chairman and chief executive of BCE, said Friday that BCE Telecom Intl. now has about C$ 1.3 billion ($ 97.5 million) in assets. Its proposed purchase of a 30% stake in Jones (Daily Variety, Dec. 3) for an initial payment of $ 275 million, “will add to that” asset base, Wilson said.

Meanwhile, Moody’s Investors Service placed the long-term debt ratings of Jones Intercable on review for a possible upgrade, concurrent with the company’s announcement of a strategic relationship with BCE.

Astral Communications announced it will build a compact-disc manufacturing plant in Montreal, and the Montreal-based company hopes to have it up and running by the end of next year. The facility will produce around 12 million CDs annually. Astral is also in the process of constructing a CD plant in Boca Raton , Fla., which is set to open next February.

More Biz

  • Ryan Kavanaugh

    Relativity Media Sale to UltraV Holdings Approved by Bankruptcy Judge

    BCE Inc. may seek to finance its proposed investment in Jones Intercable Inc. by selling equity in BCE Telecom Intl. Inc., the unit making the investment. L.R. Wilson, chairman and chief executive of BCE, said Friday that BCE Telecom Intl. now has about C$ 1.3 billion ($ 97.5 million) in assets. Its proposed purchase of […]

  • Music Streaming Revenue placeholder

    Fraud Has Become the Latest Hurdle for Music Streaming

    BCE Inc. may seek to finance its proposed investment in Jones Intercable Inc. by selling equity in BCE Telecom Intl. Inc., the unit making the investment. L.R. Wilson, chairman and chief executive of BCE, said Friday that BCE Telecom Intl. now has about C$ 1.3 billion ($ 97.5 million) in assets. Its proposed purchase of […]

  • Transformers Bumblebee Superhero Girl

    Hasbro and DC Comics Settle 'Bumblebee' Trademark Dispute

    BCE Inc. may seek to finance its proposed investment in Jones Intercable Inc. by selling equity in BCE Telecom Intl. Inc., the unit making the investment. L.R. Wilson, chairman and chief executive of BCE, said Friday that BCE Telecom Intl. now has about C$ 1.3 billion ($ 97.5 million) in assets. Its proposed purchase of […]

  • Terry Crews

    Terry Crews' Ex-Social Media Manager Claims Actor Defamed Him, Owes Him $1 Million

    BCE Inc. may seek to finance its proposed investment in Jones Intercable Inc. by selling equity in BCE Telecom Intl. Inc., the unit making the investment. L.R. Wilson, chairman and chief executive of BCE, said Friday that BCE Telecom Intl. now has about C$ 1.3 billion ($ 97.5 million) in assets. Its proposed purchase of […]

  • David Nevins, President & CEO of

    Listen: Showtime's David Nevins on How Streaming Has Changed the Game

    BCE Inc. may seek to finance its proposed investment in Jones Intercable Inc. by selling equity in BCE Telecom Intl. Inc., the unit making the investment. L.R. Wilson, chairman and chief executive of BCE, said Friday that BCE Telecom Intl. now has about C$ 1.3 billion ($ 97.5 million) in assets. Its proposed purchase of […]

  • Ajit Pai FCC

    Why a Few Derailments Won't Stop the Media Merger Train

    BCE Inc. may seek to finance its proposed investment in Jones Intercable Inc. by selling equity in BCE Telecom Intl. Inc., the unit making the investment. L.R. Wilson, chairman and chief executive of BCE, said Friday that BCE Telecom Intl. now has about C$ 1.3 billion ($ 97.5 million) in assets. Its proposed purchase of […]

More From Our Brands

Access exclusive content