Telecom — What is up with BCE
Source — BCE
Source — Stats Canada
Global Broadband access:
Canada
Source — https://explodingtopics.com/blog/countries-internet-users
What are the challenges for remote access to the Internet?
The reality is Public and Private Partnerships are required to expand internet services including leveraging satellite technology — https://www.cbc.ca/player/play/1.5829918
Broadcast, Print, and TV Financial Performance in Canada
Source — Government of Canada
ESG / Bell
Source — BCE
The Bell CEO looked ill-prepared for the discussion with Heritage committee on their DEI, corporate, and social governance mode. The CEO mentioned high inflation, productivity, and other issues for the BCE decisions. The reality is that stock prices have barely moved since 2015. The overall revenue is 1.8% and that is sluggish growth. Decisions on headcount are always about managing operational costs as part of improving margins.
Canada does have a productivity issue and that has been made worse by Justin Trudeau policies including excessive taxation and regulations. https://medium.com/@paulyoung_81567/canada-needs-to-address-productivity-challenges-c5cea91323fd
Media Fund
I am all for supporting businesses especially the media, but it needs to be done in a fair way that does not prop up unprofitable business. Private podcast growing as a better way to manage costs and content. https://madeinca.ca/podcast-statistics-canada/
One thing consistent with Justin Trudeau is that he is always looking at ways to both spend money and tax either business or people. Trudeau has $40B budget deficit — https://medium.com/@paulyoung_81567/how-justin-trudeau-stray-from-his-fiscal-guardrails-4c9afce11f7c
Summary:
- A pivoting needs to happen on how best to roll out broadband as part of managing capital. This means looking at how best to work with starlink (satellite) and telecom companies. https://about.rogers.com/news-ideas/rogers-collaborates-with-cablelabs-to-develop-industry-leading-network-technology-for-canadians/ or https://www.cbc.ca/news/business/telecom-ceos-committee-wireless-prices-1.7147718
- Media fund needs to have annual performance audits as part assessing the effectiveness of the media fund https://playbackonline.ca/2024/03/27/domestic-orgs-call-for-renewed-60m-funding-for-cmf/
- CBC should be sold off as part of eliminating the $1.3B+ in subsidies —
- All broadcasting, print, tv, and radio need to provide more insight through the adoption of ESG reporting.
- Canada telecom rates are some of the highest in the world. https://www.thestar.com/business/opinion/canadas-cellphone-and-internet-prices-are-apparently-falling-really-then-why-is-my-bill-so/article_6cea1140-f035-11ee-a9dc-c76d9df41a70.html
- Pivoting on online bills — https://realwomenofcanada.ca/trudeaus-disastrous-online-harms-act-bill-c-63/
- Moving towards streaming models — https://www.bnnbloomberg.ca/more-canadians-ditch-traditional-tv-as-streamers-are-winning-the-battle-report-1.2051200
- What is next for global media — https://www.openpr.com/news/3459656/radio-broadcasting-market-2024-2033-future-outlook-industry
- How best to work with big tech — https://www.cnn.com/2024/04/09/tech/meta-social-media-nightcap/index.html
- Challenges — https://www.spglobal.com/marketintelligence/en/news-insights/research/broadcast-outlook-2024-challenges-opportunities-facing-us-tv-radio-stations
Paul Young CPA CGA is a former Senior IBM Customer Success Manager that has deployed over 300 data and AI solutions across geographies for the past 8 years. Paul is also FPA SME on how best to integrate macro and micro indicators as part of the data journey for the operational, management, and regulatory reporting cycles.
Blog — How to select the best ESG solution for your /Organization — https://www.linkedin.com/pulse/how-select-right-environmental-social-governance-solution-paul-young-83mzc/
EBITDA
Stock Market — https://medium.com/@paulyoung_81567/stock-market-analysis-for-the-week-ending-april-5-2024-72fcb937cbe8 or https://www.linkedin.com/posts/paul-young-055632b_stock-market-analysis-for-the-week-ending-activity-7182370500784926721-eb2m?utm_source=share&utm_medium=member_desktop
Additional links: