R0CKY
TSI Rocky
Premium,VIP
join:2005-05-19
Chatham, ON
2 edits |  Teachers Pension looking to get out of Dodge!
»www.globeinvestor.com/servlet/st···GIStory/
Chalk this one up in the "lesson" category for Bell is suspect! |
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lol at bell
@videotron.ca
| LOL
BCE Inc. and its retreating suitor Ontario Teachers' Pension Fund are feuding again, this time over a $1.2-billion termination fee.
According to people familiar with the discussions, BCE and its lawyers are locked in a heated dispute with Teachers over whether the pension fund will be on the hook to pay what is believed to be the largest termination fee on record
The teachers should have come on this forum to learn about Bells terminations fee's.
I swaer that the only way bell makes money these days... termination fee's from their cash-cows leaving in droves. |
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Quake110
join:2003-12-20
Ottawa, ON
 ·Velcom
| reply to R0CKY
Lol...
But now, some are speculating about a Telus-Bell merger »www.thestar.com/Business/article/545027 which I think is highly unlikely since it will make one huge Canadian telecommunication giant controlling the land-lines. |
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R0CKY
TSI Rocky
Premium,VIP
join:2005-05-19
Chatham, ON
| said by Quake110  :Lol... But now, some are speculating about a Telus-Bell merger » www.thestar.com/Business/article/545027 which I think is highly unlikely since it will make one huge Canadian telecommunication giant controlling the land-lines. If this were to happen, things could get very messy!
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TSI Rocky - TekSavvy Solutions Inc.
Authorized TSI employee ( »TekSavvy FAQ »Official support in the forum )
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Doci
Toothless Fairy
join:2003-02-01
·Bell Sympatico
1 edit | reply to R0CKY
Ya, but the stockholders are endorsing it saying there is enough competition from the likes of Cable companies who are only regional. They can't seem to think past their next quarterly summation. If this merger is allowed to happen, shit will literally hit the fan.
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Acanac Sucks | Discover H-FSC! |
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Guspaz
Guspaz
Premium,MVM
join:2001-11-05
Montreal, QC
·Colbanet
| reply to R0CKY
DSL_Ricer was mentioning to me that he had read that it was likely that if the OTPP bought BCE, they would spin off the internet division (what was Sympatico) as an independent company.
Because of that, he argued that the purchase was actually desirable for consumers, because it would give us exactly what Rocky has been hoping for, the removal of that conflict of interest; Bell Internet would be a wholesaler. |
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Quake110
join:2003-12-20
Ottawa, ON
·Velcom
| said by Guspaz :DSL_Ricer was mentioning to me that he had read that it was likely that if the OTPP bought BCE, they would spin off the internet division (what was Sympatico) as an independent company. Because of that, he argued that the purchase was actually desirable for consumers, because it would give us exactly what Rocky has been hoping for, the removal of that conflict of interest; Bell Internet would be a wholesaler. If that was the case... ah sh**... |
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Guy Incognito
@teksavvy.com | reply to R0CKY
Bell should just hurry up and enter Chapter 7 so CAIP can buy up the lines at firesale prices. |
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nanook
Premium,MVM
join:2007-12-02
·Bell Sympatico
·TekSavvy Solutions..
| said by Guy Incognito :
Bell should just hurry up and enter Chapter 7 First, BCE sans OTPP buyout, is a very solvent company with lots of positive cash flow. IOW it is in no danger of going broke any time soon.
Second, even if it did, it is far more likely that stakeholders would want to try a reorganization ("Chapter 11") rather than an outright liquidation ("Chapter 7".)
Third, these "Chapters" refer to US legislation, not Canadian. Since BCE is a Canadian company it is impossible for it to go into Chapter 7, Chapter 11 -- or Chapter 42 for that matter.
Other than for those minor errors, the rest of your statement is both accurate and profound 
so CAIP can buy up the lines at firesale prices. According to Rocky, CAIP does not have enough financial resources to file responses to CRTC's ruling on throttling. Where are they going to get the cash to buy so much as one line? |
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Maynard G Krebs
@teksavvy.com
| said by nanook :According to Rocky, CAIP does not have enough financial resources to file responses to CRTC's ruling on throttling. Where are they going to get the cash to buy so much as one line? Where would they get the cash? The same way the BCE deal would have worked - jam them full of debt.
Teachers & BCE will probably negotiate a reduced break fee rather than have a long legal battle over it. A case like this would take a while to be heard and in the interim the Bay St. lawyers fees would be run up faster than Bell's pipes get congested by P2P, not to mention pre-judgement interest if it finally made it to court.
As to a possible Sympatico sale, if it made economic sense under the Teachers deal (ie. rate of return too low for the amount of capital employed, hence get rid of it), then there's no reason to think that Bell, as a standalone company) won't seriously consider selling it either. No guarantee, but I'm sure they'd consider it.
Retail customers enter into a different deal/agreement when they go to the Bell movie store or the IPTV thing, and that would still be the case if Sympatico was sold. |
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nanook
Premium,MVM
join:2007-12-02
·Bell Sympatico
·TekSavvy Solutions..
| said by Maynard G Krebs :
Where would they get the cash? The same way the BCE deal would have worked - jam them full of debt. Right. Especially in this credit market where even the BCE financing, which was negotiated under far more favourable conditions, was in jeopardy. Dream on!
As to a possible Sympatico sale I opined a while ago that the $20/month the wholesalers pay for a DSL loop must be almost pure gravy to BCE. They have to keep those lines going in order to provide POTS anyway.
Assume that Sympatico also pays Bell the same $20/month. (If as an affiliate they pay less then my argument becomes that much stronger.) The wholesalers seem to be profitable tacking on another $10 to $15 on that for the services Sympatico (is supposed to) provide but for which they charge $20 to $30 on top of the $20 they give Bell.
If Bell is happy getting $20 for each DSL subscriber and the wholesalers are happy getting another $10 to $15 then the odd man out is Sympatico. They cannot seem to make anyone happy even when they charge twice as much as the wholesalers for vastly inferior (so called) "service." So, apart from the loss of prestige, BCE should simply sell off or shut down Sympatico and offer up their customers to the wholesalers.
BTW Deadpool and other competent ex-Sympatico techs should not fear this because their skills would be in great demand by the wholesalers. The only people at Sympatico who should be concerned about this scenario are the bozos who make Emily sound intelligent and the "managers" who they report to. |
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Sempronius
join:2008-09-18
Toronto, ON
| reply to R0CKY
Another interesting take on this at
»www.p2pnet.net/story/17741 |
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R0CKY
TSI Rocky
Premium,VIP
join:2005-05-19
Chatham, ON | reply to nanook
I'm not sure they pay the $20/user as we do as it's coming from the same company....So, there's a very grey area in that assumption that I have yet to hear an answer on..... |
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nanook
Premium,MVM
join:2007-12-02
·Bell Sympatico
·TekSavvy Solutions..
| said by R0CKY :I'm not sure they pay the $20/user as we do as it's coming from the same company. I would assume there is some sort of internal accounting rather than a transfer of cash.
But in any case, the less they pay Bell the more of the $45 to $50/month they charge customers they get to use to provide the services that you do for $10/month. So the less they pay Bell the less competitive they would be if they had to compete directly against you without any "subsidy" from Bell. (And hence the more damning is their incompetence -- not that anyone on TekSavvy needs to be convinced of Sympatico's incompetence )
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Taylortbb
Premium
join:2007-02-18
Waterloo, ON
·TekSavvy Solutions..
| reply to Guspaz
said by Guspaz :DSL_Ricer was mentioning to me that he had read that it was likely that if the OTPP bought BCE, they would spin off the internet division (what was Sympatico) as an independent company. I think a lot of people around here missed the fine wording in the original statement. The OTPP was going to sell off the "Sympatico internet portal," meaning the Sympatico/MSN online portal/website. Not the actual internet service. Internet is core to Bell's business, online content portals aren't.
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Taylor Byrnes
www.taylorbyrnes.org |
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Maynard G Krebs
@teksavvy.com
| said by Taylortbb :I think a lot of people around here missed the fine wording in the original statement. The OTPP was going to sell off the "Sympatico internet portal," meaning the Sympatico/MSN online portal/website. Not the actual internet service. Internet is core to Bell's business, online content portals aren't. Three monkeys using Dreamweaver could put together a better portal in a couple of weeks. The portal has no real value other than as a landing zone - and that's only if the new buyer forces Bell to redirect users to it on login. |
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AdrianF
join:2008-11-21
Scarborough, ON | reply to lol at bell
said by lol at bell :
I swaer that the only way bell makes money these days... termination fee's from their cash-cows leaving in droves.
That and outsourcing everything to India. |
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Deadpool
Go Sens Go
Premium,VIP
join:2001-03-29
Canada
·Bell Sympatico
| reply to Maynard G Krebs
said by Maynard G Krebs :said by Taylortbb :I think a lot of people around here missed the fine wording in the original statement. The OTPP was going to sell off the "Sympatico internet portal," meaning the Sympatico/MSN online portal/website. Not the actual internet service. Internet is core to Bell's business, online content portals aren't. Three monkeys using Dreamweaver could put together a better portal in a couple of weeks. The portal has no real value other than as a landing zone - and that's only if the new buyer forces Bell to redirect users to it on login. I can assure you that advertising revenue has a very real value.
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Disclaimer: If I express an opinion, it is my own opinion, not that of Bell or its related companies. |
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DjEclipse
join:2007-11-20
Niagara Falls, ON
·TekSavvy Solutions..
| reply to lol at bell
said by lol at bell :
LOL
BCE Inc. and its retreating suitor Ontario Teachers' Pension Fund are feuding again, this time over a $1.2-billion termination fee.
According to people familiar with the discussions, BCE and its lawyers are locked in a heated dispute with Teachers over whether the pension fund will be on the hook to pay what is believed to be the largest termination fee on record
The teachers should have come on this forum to learn about Bells terminations fee's.
I swaer that the only way bell makes money these days... termination fee's from their cash-cows leaving in droves.
That is gold... 1.2 billion termination fees, bwhahaha |
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nanook
Premium,MVM
join:2007-12-02
·Bell Sympatico
·TekSavvy Solutions..
| said by DjEclipse :said by lol at bell :
I swaer that the only way bell makes money these days... termination fee's from their cash-cows leaving in droves. That is gold... 1.2 billion termination fees, bwhahaha No it is lead, or rather, total bullshit. To obtain $1.2 billion in termination fees BellER would need to charge $300 to each of 4 million departing customers every year.
BellER may be bleeding customers but (a) not at that rate and (b) not all of them pay termination fees on their way out. |
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