The choice of a 5G equipment supplier has been a hot topic in the telecom world for more than a year
BCE Inc. has signed an agreement to start using Nokia equipment to build out its Canadian 5G network, the telecommunications giant announced as part of its fourth-quarter earnings report.
National security experts, especially in the United States, have warned that using Huawei gear in Canadian networks could constitute a critical threat to key national infrastructure, because it could create a backdoor to allow the Chinese to spy on Canadian communications. BCE also announced that it would raise its dividend by approximately five per cent on the back of higher fourth-quarter profits, which grew more than 10 per cent compared to a year ago. The quarterly dividend, which was previously at 79.25 cents per share, would now be 83.25 cents per share.
“You cannot ignore the increases in the costs of handsets and the impact it has on consumers’ pocketbooks, because that impacts what they pay for wireless service,” said Bibic. BCE does not disclose average revenue per user , an important indicator given the adoption of more unlimited data plans by users and the decline in overage fees.
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