
TSE:BCE
Question about Telus He likes the telcos and prefers BCE. Telcos pay big yields, are stable yields and enjoy an oligopoly in Canada. Shaw is selling to Rogers (pending approval). Quebecor wants spectrum outside Quebec. And all companies are investing heavily in 5G. Once this is complete, the telcos will be golden. He loves this space. Telus is good, but lacks the media assets of BCE, which is a disadvantage.
Canadian telcos are conservative. This is more defensive than other stocks. They spent a lot of money to get growth. His clients own it. You can buy this with AAPL-Q to offset it.