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  5. BCE: Hi 5i, I recently sold VZ so looking for your direction on a replacement. [BCE Inc.]
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Investment Q&A

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Q: Hi 5i, I recently sold VZ so looking for your direction on a replacement. Was thinking either Telus or T-Mobile unless you have a preferred suggestion?
Really appreciate your help.
Ralph
Asked by ralph on June 18, 2024
5i Research Answer:

Telcos overall is a tough industry to be in due to intense competitive dynamics, high capital intensity and limited pricing power. That said, for investors who want to get exposure to the field we think TMUS and BCE are above-average executors in the industry that we would be comfortable holding in the long term. TMUS is growing much faster than most, and BCE has initiated its cost-savings program.