BCE Inc. http://www.alacrastore.com/company-snapshot/BCE_Inc-1001524 25 Nov 2009 04:15:24 EST 1001524 BCE Inc. en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/research/creditsights-BCE_3Q09_Key_Takeaways-9131291312cs/91312normArticleTemplateBCE's Q3:09 results were mixed, and the wireless ARPU decline remains the main concern. The company benefited from cost reductions in the quarter and wireless net-adds improved while business line losses continued to accelerate.abasanskayapzhaobcebce9131212 Nov 2009 11:10:17 ESTYes91312150CreditSights Inccanadacanadaintegrated_telecomtelecomtmtintegrated_telecomtelecomtmtPublishedearningsearningsEarningsNoteEarnings Note3018 BCE #Q##: Key Takeaways BCE reported mixed Q#:## results. On the bright side, the company continued to benefit from cost reductions. In addition, wireless net-adds improved and wireline retail residential line losses continued to show...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/ccbn/B2486101B2486101ccbn/B2486101norm12 Nov 2009 12:06:00 EST2486101Edited Brief of BCE earnings conference call or presentation, 12-Nov-09 8:00am ETBCE, Inc106.0000EditedBCE, Inc Q3 2009 Earnings Conference Call SummaryBCE8:00am ETBrief...Greg MacDonald National Bank Financial - Analyst Jonathan Allen RBC Capital Markets - Analyst Simon Flannery Morgan Stanley - Analyst Glen Campbell BAS-ML - Analyst Jeff Fan Scotia Capital - Analyst Bob Bek CIBC World Markets - Analyst Vince Valentini TD Newcrest/Waterhouse Securities - Analyst Peter Rhamey BMO Capital Markets - Analyst Peter MacDonald GMP Securities/Griffiths McBurney - Analyst Dvai Ghose Genuity Capital Markets - Analyst... Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T2486101T2486101ccbn/T2486101norm12 Nov 2009 10:06:00 EST2486101Final Transcript of BCE earnings conference call or presentation, 12-Nov-09 8:00am ETBCE, Inc106.0000FinalBCE, Inc Q3 2009 Earnings Conference Call TranscriptBCE8:00am ETTranscript...Greg MacDonald National Bank Financial - Analyst Jonathan Allen RBC Capital Markets - Analyst Simon Flannery Morgan Stanley - Analyst Glen Campbell BAS-ML - Analyst Jeff Fan Scotia Capital - Analyst Bob Bek CIBC World Markets - Analyst Vince Valentini TD Newcrest/Waterhouse Securities - Analyst Peter Rhamey BMO Capital Markets - Analyst Peter MacDonald GMP Securities/Griffiths McBurney - Analyst Dvai Ghose Genuity Capital Markets - Analyst... Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/research/creditsights-Revisiting_the_Canadian_Wireless_Market-7468274682cs/74682normArticleTemplateWe revisit the Canadian wireless landscape and point out the investment implications.abasanskayapzhaobcebell_aliantrogers_communicationstelusbcebell_aliantrogers_communicationstelus7468209 Nov 2009 11:51:58 ESTYes74682150CreditSights Inccanadaunited_statescanadaunited_statestelecomtmttelecomtmtPublished3g_wireless_technologycapital_structurehigh_yield3g_wireless_technologycapital_structurehigh_yieldSectorCommentSector Analysis2508 Revisiting the Canadian Wireless Market Recently, Canada concluded the auction of ###MHz of spectrum. In this article, we revisit the Canadian wireless landscape and the investment implications. Wireless penetration remains relatively...3com3comagereagerealcatel_lucentalcatel_lucentalltelalltelamerican_national_insuranceamerican_national_insuranceamerican_real_estate_partnersamerican_real_estate_partnersamerican_toweramerican_towerattattavayaavayabcebcebelgacombelgacombell_aliantbell_aliantbskybbskybbtbtcable_wirelesscable_wirelesscablevisioncablevisioncenturytelcenturytelchina_mobilechina_mobilechina_telecomchina_telecomchina_unicomchina_unicomcisco_systemscisco_systemsclearwireclearwirecomcastcomcastcorningcorningcox_communicationscox_communicationscrown_castlecrown_castledeutsche_telekomdeutsche_telekomdish_networkdish_networkembarqembarqericssonericssonfrance_telecomfrance_telecomfreescalefreescalefrontier_communicationsfrontier_communicationsgcigcihutchison_whampoainfineon_agintelintelintelsatintelsatipcsipcsjds_uniphasejds_uniphasekpnkpnleap_wirelessleap_wirelesslevel_3_communicationslevel_3_communicationslg_philips_lcdlg_philips_lcdmattelmattelmotorolamotorolanextwavenextwavenokianokianortelnortelnxp_semiconductornxp_semiconductoro2_plco2_plcote_hellenic_telecomote_hellenic_telecompanamsatpanamsatportugal_telecomportugal_telecomqualcommqualcommqwest_communicationsqwest_communicationsresearch_in_motionresearch_in_motionsamsungsamsungsba_commsba_commsessessiemenssiemenssonysonyspectrasitespectrasitesprint_nextelsprint_nextelst_microelectronicsst_microelectronicstdctdctelecom_italiatelecom_italiatelefonicatelefonicatelekom_austriatelekom_austriatelenortelenortelephone_data_systemstelephone_data_systemsteliasonerateliasoneratelstratelstratelustelustexas_instrumentstexas_instrumentstime_warnertime_warnertpsatpsaverizonverizonverizon_wirelessverizon_wirelessvirgin_mediavirgin_mediavivendivivendivodafonevodafonewindwindstreamwindstreamCredit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/creditsights-A_Look_at_the_Results_of_the_Canadian_Spectrum_Auction-7195971959cs/71959normArticleTemplateIndustry Canada concluded its much anticipated AWS (and other) spectrum auction, and here we look at the results and comment on the investment implications.abasanskayapzhaobcebell_aliantmanitoba_telecom_servicesquebecor_mediarogers_communicationsshaw_communicationstelusbcebell_aliantmanitoba_telecom_servicesquebecor_mediarogers_communicationsshaw_communicationstelus7195909 Nov 2009 11:51:57 ESTYes71959150CreditSights InccanadacanadatelecomtmttelecomtmtPublished3g_wireless_technologycapital_structurehigh_yield3g_wireless_technologycapital_structurehigh_yieldSectorCommentSector Analysis1580 A Look at the Results of the Canadian Spectrum Auction Industry Canada concluded its much anticipated AWS (and other) spectrum auction, in which total bidding came to C$#,### million, resulting in a price of C$#.##/MHz*POP for the AWS...3com3comagereagerealcatel_lucentalcatel_lucentalltelalltelamerican_national_insuranceamerican_national_insuranceamerican_real_estate_partnersamerican_real_estate_partnersamerican_toweramerican_towerattattavayaavayabcebcebelgacombelgacombell_aliantbell_aliantbskybbskybbtbtcable_wirelesscable_wirelesscablevisioncablevisioncenturytelcenturytelchina_mobilechina_mobilechina_telecomchina_telecomchina_unicomchina_unicomcisco_systemscisco_systemsclearwireclearwirecomcastcomcastcorningcorningcox_communicationscox_communicationscrown_castlecrown_castledeutsche_telekomdeutsche_telekomdish_networkdish_networkembarqembarqericssonericssonfrance_telecomfrance_telecomfreescalefreescalefrontier_communicationsfrontier_communicationsgcigcihutchison_whampoainfineon_agintelintelintelsatintelsatipcsipcsjds_uniphasejds_uniphasekpnkpnleap_wirelessleap_wirelesslevel_3_communicationslevel_3_communicationslg_philips_lcdlg_philips_lcdmattelmattelmotorolamotorolanextwavenextwavenokianokianortelnortelnxp_semiconductornxp_semiconductoro2_plco2_plcote_hellenic_telecomote_hellenic_telecompanamsatpanamsatportugal_telecomportugal_telecomqualcommqualcommqwest_communicationsqwest_communicationsresearch_in_motionresearch_in_motionsamsungsamsungsba_commsba_commsessessiemenssiemenssonysonyspectrasitespectrasitesprint_nextelsprint_nextelst_microelectronicsst_microelectronicstdctdctelecom_italiatelecom_italiatelefonicatelefonicatelekom_austriatelekom_austriatelenortelenortelephone_data_systemstelephone_data_systemsteliasonerateliasoneratelstratelstratelustelustexas_instrumentstexas_instrumentstime_warnertime_warnertpsatpsaverizonverizonverizon_wirelessverizon_wirelessvirgin_mediavirgin_mediavivendivivendivodafonevodafonewindwindstreamwindstreamCredit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/creditsights-Telecom_amp_Suppliers_Monthly_Summary_November_2009-9061890618cs/90618normArticleTemplateWe update/examine the CDS valuation and summarize our investment theses for companies under our coverage. In addition, we summarize and highlight changes and key points in research published in the month of October.abasanskayajordan_chalfinpzhaoalcatel_lucentattbcebell_aliantcenturytelcisco_systemscorningembarqericssonfreescalefrontier_communicationslevel_3_communicationsmotorolanokianortelnxp_semiconductorqualcommqwest_communicationssprint_nextelst_microelectronicstelustexas_instrumentsverizonwindstreamalcatel_lucentattbcebell_aliantcenturytelcisco_systemscorningembarqericssonfreescalefrontier_communicationslevel_3_communicationsmotorolanokianortelnxp_semiconductorqualcommqwest_communicationssprint_nextelst_microelectronicstelustexas_instrumentsverizonwindstreamfinlandfrancenetherlandsswedenfinlandfrancenetherlandssweden9061802 Nov 2009 03:10:34 ESTYes90618150CreditSights Inccanadaeuropeunited_statescanadaeuropeunited_statescommunications_equipmentsemiconductorstechnologytelecomtmtcommunications_equipmentsemiconductorstechnologytelecomtmtPublishedearningshigh_yieldearningshigh_yieldTelecomAndSuppliersMonthlySummaryTelecom and Suppliers Monthly Summary3405 Telecom & Suppliers Monthly Summary: November #### We update/examine the relative value of the CDS in the telecom carrier and technology spaces. We review key themes published in October. We summarize our views on companies...3comagerealcatel_lucentalltelalteraamerican_national_insuranceamerican_real_estate_partnersamerican_towerappleapplied_materialsarrow_electronicsattavayaavnetbcebelgacombell_aliantbroadcombskybbtcacable_wirelesscablevisioncelesticacenturytelchina_mobilechina_telecomchina_unicomcisco_systemsclearwirecomcastcommercial_net_lease_realtycomputer_sciencescorningcox_communicationscrown_castledassaultdelldeutsche_telekomdish_networkelectronic_data_systemsembarqericssonflextronicsfrance_telecomfreescalefrontier_communicationsgcigooglehewlett_packardhutchison_whampoaibmimaxinfineon_agintelintelsatipcsjabil_circuitjds_uniphasekodak_eastman_kodakkpnleap_wirelesslevel_3_communicationslg_philips_lcdmattelmicrosoftmotorolanextwavenokianortelnxp_semiconductoro2_plcoracleote_hellenic_telecompalmpanamsatpegasuspitney_bowesportugal_telecomqualcommqwest_communicationsresearch_in_motionricohsamsungsanmina_scisba_commsessiemenssonyspectrasitesprint_nextelst_microelectronicssun_microsystemstdctelecom_italiatelefonicatelekom_austriatelenortelephone_data_systemsteliasoneratellabstelstratelustexas_instrumentstime_warnertpsaunisysverizonverizon_wirelessvirgin_mediavivendivodafonewindwindstreamxeroxxilinxCredit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/creditsights-Telecom_amp_Suppliers_CY3Q09_Earnings_Preview_Pt_2-9001290012cs/90012normArticleTemplateWe look ahead to the earnings of the North American telecom service providers. Specific companies discussed include AT&T, BCE, Bell Aliant, CenturyLink, Frontier Communications, Level 3, Qwest, Sprint Nextel, TELUS, Verizon, and Windstream.abasanskayapzhaoattbcebell_aliantcenturytelembarqfrontier_communicationslevel_3_communicationsqwest_communicationssprint_nexteltelusverizonverizon_wirelesswindstreamattbcebell_aliantcenturytelembarqfrontier_communicationslevel_3_communicationsqwest_communicationssprint_nexteltelusverizonverizon_wirelesswindstream9001220 Oct 2009 11:08:12 ESTYes90012150CreditSights Inccanadaunited_statescanadaunited_statestelecomtmttelecomtmtPublishedhigh_yieldhigh_yield Telecom & Suppliers: CY#Q## Earnings Preview Pt # In Part II of our CY #Q## earnings preview, we examine the earnings expectations for North American wireless and wireline service providers for the upcoming earnings season. Specific...SectorCommentSector Analysis36113comagerealcatel_lucentalltelamerican_national_insuranceamerican_real_estate_partnersamerican_towerattavayabcebelgacombell_aliantbskybbtcable_wirelesscablevisioncenturytelchina_mobilechina_telecomchina_unicomcisco_systemsclearwirecomcastcorningcox_communicationscrown_castledeutsche_telekomdish_networkembarqericssonfrance_telecomfreescalefrontier_communicationsgciinfineon_agintelintelsatipcsjds_uniphasekpnleap_wirelesslevel_3_communicationslg_philips_lcdmattelmotorolanextwavenokianortelnxp_semiconductoro2_plcote_hellenic_telecompanamsatportugal_telecomqualcommqwest_communicationsresearch_in_motionsamsungsba_commsessiemenssonyspectrasitesprint_nextelst_microelectronicstdctelecom_italiatelefonicatelekom_austriatelenortelephone_data_systemsteliasoneratelstratelustexas_instrumentstime_warnertpsaverizonverizon_wirelessvirgin_mediavivendivodafonewindstreamCredit & Investment ResearchCreditSightsUS - A management-led investor group comprised of Innovatia Incs senior leaders Roxanne Fairweather and David Grebenc agreed to acquire Innovatia Inc a knowledge management company.10 Oct 2009 09:00:17 EST46145M45627X46145M05534BInvestor GroupInnovatia IncInvestor GroupBCE Inchttp://www.alacrastore.com/storecontent/Thomson_M%26A/Investor_Group_acquires_Innovatia_Inc_from_BCE_Inc_through_a_leveraged_buyout-2116525040sdc/21165250402116525040Copyright © 2009, Thomson Financial, All Rights ReservedInvestment & Commodity Firms,Dealers,ExchangesUnited StatesInvestors, nec6799FFForeignPrivate6799:Investors, nec6799:Investors, necBusiness ServicesCanadaComputer facilities management services7376FFForeignSubsidiary9920001Investor groupPvd telecommun svcsCashCash OnlyStock718793001Oct 10 20090.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.00000Investor groupInvestor groupInvestor group1.000002.000003.000004.00000Provide information technologyservices; provide e-learningand end-to-end documentationservicesProvide information technology services; provide e-learningand end-to-end documentation servicesProvide information technology services; provide e-learning and end-to-end documentation services0.000000.000000.000000.00000Y08 Oct 09Thu, 08 Oct 2009 00:00:00 ESTDate Announced: 10/08/2009Date Effective:AcquisitionFriendly0.000000.000000.000000.000000.000000.00000Price/Share0.0000000.000000.0000000.000000.000000.000000.000000.000000.0000000.00000N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000100.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.00000US - A management-ledinvestor group comprised ofInnovatia Incs senior leadersRoxanne Fairweather and DavidGrebenc agreed to acquireInnovatia Inc a knowledgemanagement company.US - A management-led investor group comprised of Innovatia Incs senior leaders Roxanne Fairweather and David Grebenc agreed to acquire Innovatia Inc a knowledge management company.US - A management-led investor group comprised of Innovatia Incs senior leaders RoxanneFairweather and David Grebenc agreed to acquire Innovatia Inc a knowledge managementcompany.US - A management-led investor group comprised of Innovatia Incs senior leaders Roxanne Fairweather and David Grebenc agreed to acquire Innovatia Inc a knowledge management company.US - A management-led investor group comprised of Innovatia Incs senior leaders Roxanne Fairweather and David Grebenc agreed to acquireInnovatia Inc a knowledge management company.Pending0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Pending-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000007372:Prepackaged Software7374:Data processing services7375:Information retrieval services7376:Computer facilities management services7379:Computer related services,nec9920001Unknown6799ForeignPrivate4812:Radiotelephone communications4813:Telephone communications, except radiotelephone4841:Cable and other pay television services4899:Communications services, nec7375:Information retrieval services714002TorontoCanada4813ForeignPublicBCE0.000000.000000.000000.00000Deal InformationTF Mergers & Acquisitionshttp://www.alacrastore.com/research/creditsights-Telecom_amp_Suppliers_Monthly_Summary_October_2009-8936289362cs/89362normArticleTemplateWe update/examine the CDS valuation and summarize our investment theses for companies under our coverage. In addition, we summarize and highlight changes and key points in research published in the month of September.abasanskayapzhaossablealcatel_lucentattbcebell_aliantcenturytelcisco_systemscorningembarqericssonfreescalefrontier_communicationsinfineon_agjds_uniphaselevel_3_communicationsmotorolanokianortelnxp_semiconductorqualcommqwest_communicationssprint_nextelst_microelectronicstelustexas_instrumentsverizonwindstreamalcatel_lucentattbcebell_aliantcenturytelcisco_systemscorningembarqericssonfreescalefrontier_communicationsinfineon_agjds_uniphaselevel_3_communicationsmotorolanokianortelnxp_semiconductorqualcommqwest_communicationssprint_nextelst_microelectronicstelustexas_instrumentsverizonwindstream8936201 Oct 2009 03:08:59 ESTYes89362150CreditSights Inceuropeeuropecommunications_equipmentsemiconductorstechnologytelecomtmtcommunications_equipmentsemiconductorstechnologytelecomtmtPublishedhigh_yieldhigh_yieldTelecomAndSuppliersMonthlySummaryTelecom and Suppliers Monthly Summary3474 Telecom & Suppliers Monthly Summary: October #### We update/examine the relative value of the CDS in the telecom carrier and technology spaces. We review key themes published in September. We summarize our views on companies...3comagerealcatel_lucentalltelalteraamerican_national_insuranceamerican_real_estate_partnersamerican_towerappleapplied_materialsarrow_electronicsattavayaavnetbcebelgacombell_aliantbroadcombskybbtcacable_wirelesscablevisioncelesticacenturytelchina_mobilechina_telecomchina_unicomcisco_systemsclearwirecomcastcommercial_net_lease_realtycomputer_sciencescorningcox_communicationscrown_castledassaultdelldeutsche_telekomdish_networkelectronic_data_systemsembarqericssonflextronicsfrance_telecomfreescalefrontier_communicationsgcigooglehewlett_packardibmimaxinfineon_agintelintelsatipcsjabil_circuitjds_uniphasekodak_eastman_kodakkpnleap_wirelesslevel_3_communicationslg_philips_lcdmattelmicrosoftmotorolanextwavenokianortelnxp_semiconductoro2_plcoracleote_hellenic_telecompalmpanamsatpegasuspitney_bowesportugal_telecomqualcommqwest_communicationsresearch_in_motionricohsamsungsanmina_scisba_commsessiemenssonyspectrasitesprint_nextelst_microelectronicssun_microsystemstdctelecom_italiatelefonicatelekom_austriatelenortelephone_data_systemsteliasoneratellabstelstratelustexas_instrumentstime_warnertpsaunisysverizonverizon_wirelessvirgin_mediavivendivodafonewindstreamxeroxxilinxCredit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/creditsights-US_Wireline_Services_IV_Continued_Consolidation-6547665476cs/65476normArticleTemplateIn this, part IV of the US Wireline Services series, we show why further industry consolidation is unavoidable and discuss our expectations for the types of M&A activity still to come.pzhaoabasanskayafrontier_communicationscenturytellevel_3_communicationsembarqattsprint_nextelwindstreambell_aliantverizon_wirelessbceqwest_communicationsverizon6547614 Sep 2009 02:08:21 ESTYes65476150CreditSights InctelecomtmtPublishedhigh_yieldcapital_structurema_activitySectorCommentSector Article7845 US Wireline Services IV: Continued Consolidation In this part IV of the US Wireline Services series, we argue that further industry consolidation is unavoidable.  Revenue growth and EPS growth are the two main drivers of carrier stock...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/s-and-p-credit-research-Summary_BCE_Inc-744266744266spcred/744266normglobal02 Sep 2009 12:52:43 EST175SummaryThe latest Summary from S&PCanadaIntegrated Telecommunication ServicesCanadaGlobal IssuersSummaryCAN05534B50101020 501010 5010 50BCE Inc.111740CANBCE@CNSUMMARYCORPGLOBISSHighLEVFINTelecommunicationsCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/research/creditsights-Telecom_amp_Suppliers_Monthly_Summary_Sept_2009-8847988479cs/88479normArticleTemplateWe update/examine the CDS valuation and summarize our investment theses for companies under our coverage. In addition, we summarize and highlight changes and key points in research published in the month of August.pzhaossableabasanskayaericssonnortelfreescaleattverizonqualcommqwest_communicationscorningmotorolasprint_nextelnokiatexas_instrumentsfrontier_communicationsnxp_semiconductorcenturytelwindstreamjds_uniphasecisco_systemslevel_3_communicationsalcatel_lucentst_microelectronicsbell_alianttelusbceinfineon_ag8847902 Sep 2009 11:08:45 ESTYes88479150CreditSights Inccanadaeuropetelecomtechnologysemiconductorscommunications_equipmenttmtPublishedearningshigh_yieldTelecomAndSuppliersMonthlySummaryTelecom and Suppliers Monthly Summary1516 Telecom & Suppliers Monthly Summary: Sept. #### We update/examine the relative value of the CDS in the telecom carrier and technology spaces. We review key themes published in August. We summarize our views on companies within...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/creditsights-BCE_2Q09_Tearsheet-8694086940cs/86940normTearsheetTemplateabasanskayapzhaobcebce8694026 Aug 2009 12:10:00 ESTYes86940150CreditSights Inccanadacanadaintegrated_telecomtelecomtmtintegrated_telecomtelecomtmtPublished BCE #Q## Tearsheet BCE's LBO failed to close in December ####, and BCE's current capital structure, leverage, and liquidity targets are conservative, even with the recent dividend increase. While returning cash to shareholders is a...TearsheetTearsheet996Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/bir/520190520190bir/520190norm9BCE Inc.Bell Canada Enterprises {BCE}Canada14 Aug 2009 06:50:00 ESTCommunications: Local telephone, long distance, wireless communications, and Internet access, satellite television and television broadcasting. Manufacturing: National newspaper publisher. Services: Software and network access services for the financial aNYSE517110M4813I511110511210515120517212517910541512481248994833271173727379BCECommunications: Local telephone, long distance, wireless communications, and Internet access, satellite television and television broadcasting. Manufacturing: National newspaper publisher. Services: Software and network access services for the financial aCompany Profiles & FinancialsGale Company ProfilesCANADA - Stingray Digital Media Group agreed to acquire CHUM Satellite Services Ltd, a Markham-based provider of sound design, music and media services, from CHUM Ltd.07 Aug 2009 08:14:18 EST86092R17379T86092R05534BStingray Digital Media GroupCHUM Satellite Services LtdStingray Digital Media GroupBCE Inchttp://www.alacrastore.com/storecontent/Thomson_M%26A/Stingray_Digital_Media_Group_acquires_CHUM_Satellite_Services_Ltd_from_BCE_Inc-2097296040sdc/20972960402097296040Copyright © 2009, Thomson Financial, All Rights ReservedComputer and Office EquipmentCanadaElectronic computers3571FFForeignPrivate3571:Electronic computers3577:Computer peripheral equipment, nec3669:Communications equipment, nec7372:Prepackaged Software3571:Electronic computers3577:Computer peripheral equipment, nec3669:Communications equipment, nec7372:Prepackaged SoftwareTelecommunicationsCanadaCommunications services, nec4899FFForeignSubsidiary1097780001Multi-media coPvd telecommun svcsUnspecifiedAssets1097782001Aug 7 20090.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.00000Stingray Digital Media Group,located in Montreal, Quebec,is a multi-media company.Stingray Digital Media Group, located in Montreal, Quebec,is a multi-media company.Stingray Digital Media Group, located in Montreal, Quebec, is a multi-media company.1.000002.000003.000004.00000CHUM Satellite Services Ltd,located in Markham, Ontario,provides sound design, musicand media services.CHUM Satellite Services Ltd, located in Markham, Ontario,provides sound design, music and media services.CHUM Satellite Services Ltd, located in Markham, Ontario, provides sound design, music and media services.0.000000.000000.000000.00000N05 Aug 09Wed, 05 Aug 2009 00:00:00 ESTDate Announced: 08/05/2009Date Effective:Acq. of AssetsFriendly0.000000.000000.000000.000000.000000.00000Price/Share0.0000000.000000.0000000.000000.000000.000000.000000.000000.0000000.00000N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000100.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.00000CANADA - Stingray DigitalMedia Group agreed to acquireCHUM Satellite Services Ltd,a Markham-based provider ofsound design, music and mediaservices, from CHUM Ltd.CANADA - Stingray Digital Media Group agreed to acquire CHUM Satellite Services Ltd, a Markham-based provider of sound design, music and media services, from CHUM Ltd.CANADA - Stingray Digital Media Group agreed to acquire CHUM Satellite Services Ltd, aMarkham-based provider of sound design, music and media services, from CHUM Ltd.CANADA - Stingray Digital Media Group agreed to acquire CHUM Satellite Services Ltd, a Markham-based provider of sound design, music and media services, from CHUM Ltd.CANADA - Stingray Digital Media Group agreed to acquire CHUM Satellite Services Ltd, a Markham-based provider of sound design, music andmedia services, from CHUM Ltd.Pending0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Pending-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000003669:Communications equipment, nec4899:Communications services, nec7372:Prepackaged Software1097780001Canada3571ForeignPrivate4812:Radiotelephone communications4813:Telephone communications, except radiotelephone4841:Cable and other pay television services4899:Communications services, nec7375:Information retrieval services714002TorontoCanada4813ForeignPublicBCE0.000000.000000.000000.00000Deal InformationTF Mergers & Acquisitionshttp://www.alacrastore.com/research/creditsights-BCE_2Q09_Mixed_Results_Raising_EBITDA_Guidance-8756987569cs/87569normArticleTemplateWe believe BCE's Q2:09 results were mixed. In our perspective, the weak reported wireless results are the main concern.pzhaoabasanskayabce8756906 Aug 2009 11:09:43 ESTYes87569150CreditSights Inccanadatelecomtmtintegrated_telecomPublishedearningsEarningsNoteEarnings Note2203 BCE #Q##: Mixed Results, Raising EBITDA Guidance We believe BCE's Q#:## results were mixed. Cost reduction and the resulting EBITDA and EBITDA margin increases were the clear highlight of the quarter. In addition, positive line trends...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/ccbn/B2323294B2323294ccbn/B2323294norm06 Aug 2009 12:09:00 EST2323294Edited Brief of BCE earnings conference call or presentation, 6-Aug-09 8:00am ETBCE, Inc54.0000EditedBCE, Inc Q2 2009 Earnings Conference Call SummaryBCE8:00am ETBrief...Jonathan Allen RBC Capital Markets - Analyst Vince Valentini TD Newcrest - Analyst Greg MadDonald NBF - Analyst Glen Campbell Banc of America - Analyst Simon Flannery Morgan Stanley - Analyst Jeff Fan Scotia Capital - Analyst Dvai Ghose Genuity Capital Markets - Analyst Bob Bek CIBC - Analyst Peter Rhamey BMO Capital Markets - Analyst Rob Goff Haywood Securities - Analyst OVERVIEW... Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T2323294T2323294ccbn/T2323294norm06 Aug 2009 10:07:00 EST2323294Final Transcript of BCE earnings conference call or presentation, 6-Aug-09 8:00am ETBCE, Inc54.0000FinalBCE, Inc Q2 2009 Earnings Conference Call TranscriptBCE8:00am ETTranscript...Jonathan Allen RBC Capital Markets - Analyst Vince Valentini TD Newcrest - Analyst Greg MadDonald NBF - Analyst Glen Campbell Banc of America - Analyst Simon Flannery Morgan Stanley - Analyst Jeff Fan Scotia Capital - Analyst Dvai Ghose Genuity Capital Markets - Analyst Bob Bek CIBC - Analyst Peter Rhamey BMO Capital Markets - Analyst Rob Goff Haywood Securities - Analyst P R E S E N T A T I O N... Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/research/creditsights-Telecom_amp_Suppliers_Monthly_Summary_August_2009-8729287292cs/87292normArticleTemplateWe update/examine the CDS valuation and summarize our investment theses for companies under our coverage. In addition, we summarize and highlight changes and key points in research published in the month of July.pzhaoabasanskayassablejds_uniphasecisco_systemslevel_3_communicationswindstreamfrontier_communicationsnxp_semiconductorcenturytelbcetelusinfineon_agbell_aliantqwest_communicationsalcatel_lucentst_microelectronicstexas_instrumentsattverizonqualcommericssonfreescalenortelmotorolasprint_nextelnokiacorning8729203 Aug 2009 03:10:28 ESTYes87292150CreditSights Inceuropetelecomsemiconductorstechnologycommunications_equipmenttmtPublishedhigh_yieldTelecomAndSuppliersMonthlySummaryTelecom and Suppliers Monthly Summary4275 Telecom & Suppliers Monthly Summary: August #### We update/examine the relative value of the CDS in the telecom carrier and technology spaces. We review key themes published in July. We summarize our views on companies within...Credit & Investment ResearchCreditSightsCANADA - Phoenix Systems acquired Bell Business Applications, a Winnipeg- based provider of information technology services, from BCE Inc's Bell Canada unit. Terms were not disclosed.21 Jul 2009 07:26:07 EST71889T07670Y71889T05534BPhoenix SystemsBell Business ApplicationsPhoenix SystemsBCE Inchttp://www.alacrastore.com/storecontent/Thomson_M%26A/Phoenix_Systems_acquires_Bell_Business_Applications_from_BCE_Inc-2091929040sdc/20919290402091929040Copyright © 2009, Thomson Financial, All Rights ReservedBusiness ServicesCanadaComputer facilities management services7376FFForeignPrivate7372:Prepackaged Software7374:Data processing services7376:Computer facilities management services7379:Computer related services,nec7372:Prepackaged Software7374:Data processing services7376:Computer facilities management services7379:Computer related services,necBusiness ServicesCanadaComputer facilities management services7376FFForeignSubsidiary1094495001Pvd info tech svcsPvd telecommun svcsUnspecifiedAssets922727002Jul 21 20090.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.00000Phoenix Systems, headquarteredin Newmarket, Ontario,provides informationtechnology services offeringbusiness-critical solutions asa certified value-addedreseller of SYSPRO EnterpriseResource Planning (ERP)software and Optio DocumentManagement software.Phoenix Systems, headquartered in Newmarket, Ontario,provides information technology services offeringbusiness-critical solutions as a certified value-addedreseller of SYSPRO Enterprise Resource Planning (ERP)software and Optio Document Management software.Phoenix Systems, headquartered in Newmarket, Ontario, provides information technology services offering business-critical solutions as a certified value-added reseller of SYSPRO Enterprise Resource Planning (ERP) software and Optio Document Management software.1.000002.000003.000004.000005.000006.000007.000008.000009.0000010.00000Bell Business Applicationsprovides informationtechnology services to smalland medium-sized manufacturersand distributors.Headquartered in Winnipeg,Manitoba, it has additionaloffices in Calgary, Vancouverand Portland, Oregon. Thecompany was founded in 1986.Bell Business Applications provides information technologyservices to small and medium-sized manufacturers anddistributors. Headquartered in Winnipeg, Manitoba, it hasadditional offices in Calgary, Vancouver and Portland,Oregon. The company was founded in 1986.Bell Business Applications provides information technology services to small and medium-sized manufacturers and distributors. Headquartered in Winnipeg, Manitoba, it has additional offices in Calgary, Vancouver and Portland, Oregon. The company was founded in 1986.0.000000.000000.000000.00000N17 Jul 09Fri, 17 Jul 2009 00:00:00 ESTDate Announced: 07/17/200917 Jul 09Date Effective: 07/17/200917 Jul 09Acq. of AssetsFriendly0.000000.000000.000000.000000.000000.00000Price/Share0.0000000.000000.0000000.00000100.00000100.000000.000000.000000.0000000.00000N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000100.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.00000CANADA - Phoenix Systemsacquired Bell BusinessApplications, a Winnipeg-based provider of informationtechnology services, from BCEInc's Bell Canada unit. Termswere not disclosed.CANADA - Phoenix Systems acquired Bell Business Applications, a Winnipeg- based provider of information technology services, from BCE Inc's Bell Canada unit. Terms were not disclosed.CANADA - Phoenix Systems acquired Bell Business Applications, a Winnipeg- based providerof information technology services, from BCE Inc's Bell Canada unit. Terms were notdisclosed.CANADA - Phoenix Systems acquired Bell Business Applications, a Winnipeg- based provider of information technology services, from BCE Inc's Bell Canada unit. Terms were not disclosed.CANADA - Phoenix Systems acquired Bell Business Applications, a Winnipeg- based provider of information technology services, from BCEInc's Bell Canada unit. Terms were not disclosed.Completed0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Completed-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000007372:Prepackaged Software7374:Data processing services7376:Computer facilities management services7379:Computer related services,nec1094495001Canada7376ForeignPrivate4812:Radiotelephone communications4813:Telephone communications, except radiotelephone4841:Cable and other pay television services4899:Communications services, nec7375:Information retrieval services714002TorontoCanada4813ForeignPublicBCE0.000000.000000.000000.00000Deal InformationTF Mergers & Acquisitions