Q: Thoughts on the investor day ? ( part of your income portfolio so not a question please)
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Thx
5i Research Answer:
BCE has already seen two broker upgrades following its investor day. BCE outlined plans to save $1.5B and expand internet service westward, targets $1.5B in AI revenue, and expects revenue growth of 4%. Free cash flow is expected to rise 7% annually through 2028. Opening up competition remains a threat. Overall, investors were pleased with a solid cost-reduction plan but challenges certainly remain.