Bell Canada cut their capital spending 25% this quarter. I will now review all their postings to found specifics.
Don't forget to factor in the rationale for this -- the 'window dressing' that Bell management probably demanded in order to make the long-running takeover battle seem that much more appealing to the suitors and reduce the likelihood of the takeover price being re-negotiated downwards - which benefits management and their stock options.
Look for the new owners to further cut capital spending.
