Freedom Mobile will be a good purchase so it will diversify the business away from legacy cable into mobile phones, and the deal will be approved after a long wait. They're underexposed to wireless, which is why this trades at a lower PE vs. peers.
Dramatically lower valuation than peers. Likely to benefit from Rogers-Shaw merger, as it'll pick up assets at a pretty good price. Short term positives. But long term, just doesn't have the scale, or ambition, to compete nationally.
He owns BCE and Telus instead for income. At this point in the cycle, and just looking at total return, he wouldn't own any telcos. Better opportunities elsewhere for capital gains in the value and cyclical areas. Not a pure play telco. Not the biggest or most diversified. Commends what they're doing with the business.
Quebecor Inc (B) is a Canadian stock, trading under the symbol QBR.B-T on the Toronto Stock Exchange (QBR.B-CT). It is usually referred to as TSX:QBR.B or QBR.B-T
In the last year, 3 stock analysts published opinions about QBR.B-T. 2 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Quebecor Inc (B).
Quebecor Inc (B) was recommended as a Top Pick by on . Read the latest stock experts ratings for Quebecor Inc (B).
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3 stock analysts on Stockchase covered Quebecor Inc (B) In the last year. It is a trending stock that is worth watching.
On 2023-06-05, Quebecor Inc (B) (QBR.B-T) stock closed at a price of $32.21.
Waiting to buy Freedom Mobile, a good transaction that adds diversification. A value play. Deeply discounted compared to other telco names. Continues to buy here.