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dirtyjeffer
Guest
obviously, you aren't very well versed in the business...Fido was losing money like crazy, was protected under a chapter 13 in order to restructure, continued their money losing ways, and was waiting to be bought out before going bankrupt once and for all...it was only a matter of time, Fido NEVER made any money and its losses were staggering near the end...Call-Net (aka Sprint Canada) is another money losing company that will do little for Rogers in the "profit" department, at least for some time...i can't comment about Cogeco, because i am not very familiar with them...purchasing Fido made sense, their GSM platform allowed a "seamless" customer migration, to help increase their market share, and they would no longer have to compete with them (with plans like CityFido, etc)...and Call-Net presents an opportunity for Rogers to deploy some VoIP product earlier as they will now have a landline customer base to help target...so while these business aquisitions were smart for the long term, it still puts a financial strain on the company in the short term.
first off, i am not a PRO-BEV supporter...i simply state facts, and present the "other side" of the arguement...i know BEV has its faults and shortcomings, but other providers have their as well too.
it is difficult to tell how BEV as a department is doing financially, as BCE lists its financial results as a whole entity (not each business unit).
Rogers as a whole, lost $13 million on revenues of $1.7 billion last year...in contrast, BCE had a profit of $1.6 billion on revenues of $19.2 billion...while $13 million isn't a TON of money to a large corporation, going a whole year, and failing to make anything, let alone LOSE money, is certainly not "sustainable" for long periods of time.
the channel discussion has been mentioned many times in here...there simply isn't enough capacity to add EVERY single channel that every other carrier has...over the next year, BCE will be putting most of its financial resources into IP, in hopes of launching its IPTV service late this year, or early next year...the growth of the industy is in IP, not in satellite.
if you look at DTV in the US, they are going to have something like 14 satellites and offering over 1500 channels (with something like 1000 of them being HD) by 2007...don't expect that type of "offering" from any canadian company, because that type fo investment simply can not be sustained...it would simply be too costly to implement, and the revenues for such an offering here, would be too low to even pay for the satellites, let alone the rest of the cost of providing the service itself.
first off, i am not a PRO-BEV supporter...i simply state facts, and present the "other side" of the arguement...i know BEV has its faults and shortcomings, but other providers have their as well too.
it is difficult to tell how BEV as a department is doing financially, as BCE lists its financial results as a whole entity (not each business unit).
Rogers as a whole, lost $13 million on revenues of $1.7 billion last year...in contrast, BCE had a profit of $1.6 billion on revenues of $19.2 billion...while $13 million isn't a TON of money to a large corporation, going a whole year, and failing to make anything, let alone LOSE money, is certainly not "sustainable" for long periods of time.
the channel discussion has been mentioned many times in here...there simply isn't enough capacity to add EVERY single channel that every other carrier has...over the next year, BCE will be putting most of its financial resources into IP, in hopes of launching its IPTV service late this year, or early next year...the growth of the industy is in IP, not in satellite.
if you look at DTV in the US, they are going to have something like 14 satellites and offering over 1500 channels (with something like 1000 of them being HD) by 2007...don't expect that type of "offering" from any canadian company, because that type fo investment simply can not be sustained...it would simply be too costly to implement, and the revenues for such an offering here, would be too low to even pay for the satellites, let alone the rest of the cost of providing the service itself.