BCE says La Caisse will pay CA$2.45 billion for a 49.9% stake in a new company that will hold Bell’s wireless tower infrastructure. The announcement gives the price and ownership share, but not the expected closing date or how BCE plans to use the proceeds. Here’s what’s known and what remains unclear.
Investor takeaway: La Caisse will pay CA$2.45 billion for a 49.9% stake in Bell’s new wireless tower company. The announcement doesn’t provide a closing date or details on how BCE will use the proceeds.
CA$2.45 billion for a 49.9% stake
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BCE Inc
BCE.TO
BCE.TO
BCE Inc
WealthAwesomeMarket cap
$26.51B
P/E
4.2x
Div. yield
6.11%
Div. / share
$1.75
52W high
$35.31
52W low
$26.66
1W change
+1.54%
Beta
0.65
Analyst Price Targets
Based on analyst covering BCE · as of Oct 22, 2026
Wall Street analysts forecast BCE stock price to rise 29.5% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$36.81
+29.5% Upside
Previously C$37.00 on Oct 19, 2026
Current Price
C$28.43
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on BCE's historical volatility
30-Day Vol
27.9%
Annualized
90-Day Vol
24.5%
Annualized
Trend (90d)
-36.3%
Annualized drift
90d Mean
C$24.97
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$27.23 | C$24.73 – C$29.98 |
| 60 trading days | C$26.07 | C$22.76 – C$29.88 |
| 90 trading days | C$24.97 | C$21.14 – C$29.50 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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La Caisse will pay CA$2.45 billion for a minority stake in the new company holding Bell’s wireless tower infrastructure.
Bull case
The deal sets a CA$2.45 billion value for La Caisse’s 49.9% stake in the new tower company.
Bear case
The announcement doesn’t say when the deal will close, how BCE will use the proceeds, or what arrangements will govern Bell’s ongoing access to the towers.
What happened: La Caisse to take a 49.9% stake
In an October 27 update, BCE said La Caisse will pay CA$2.45 billion for a 49.9% minority stake in a new company holding Bell’s wireless tower infrastructure. The announcement doesn’t identify which towers are included, list transaction conditions, or give an expected closing date. La Caisse’s stake is non-controlling. For more company details, see the BCE.TO stock page.
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What the numbers show: C$28.40 at the latest close
BCE.TO last closed at C$28.40, down 0.70% over one day and 4.24% over one month. The shares rose 1.54% over one week and fell 9.05% year to date. Trading volume was 317,316 shares, compared with a 20-day average of 5,785,293, or 0.87 times that average. These figures provide market context but don’t show that the transaction caused the share-price moves. The closing price was 20% of the way through the supplied 52-week range of C$26.66 to C$35.31. See the BCE.TO stock page for more company information.
What to watch next: closing details and proceeds
The announcement gives the payment amount and La Caisse’s ownership share, but not the expected closing date or how BCE plans to use the proceeds. It also doesn’t describe Bell’s future operating arrangements with the tower company, so no specific terms can be inferred.
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