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Canadian Economy 14 October 2025

BCE’s Bold Plan: Bell Slashes Costs & Invades Telus Territory – What It Means for Investors

BCE’s Bold Plan: Bell Slashes Costs & Invades Telus Territory – What It Means for Investors

Bell’s decision to resell fibre internet in Western Canada using Telus’s network is a landmark strategic U-turn. For years, Bell fought against mandated wholesale access to broadband networks, warning it would deter investmentiphoneincanada.ca. Telus, conversely, lobbied for these rules and quickly took advantage by expanding into Eastern Canada over Bell’s linesiphoneincanada.ca. Now, faced with the reality of the regulator’s decision, Bell is adopting an “if you can’t beat ’em, join ’em” approachiphoneincanada.ca. Under the CRTC’s wholesale fibre policy, large telcos must sell network access to competitors at regulated rates to stimulate competitionts2.tech. Starting in the coming weeks, Bell will launch its own internet packages in B.C. and Alberta carried on Telus’s fibre infrastructureiphoneincanada.ca. This immediately opens ~3.4 million western households and businesses to Bell’s servicesiphoneincanada.ca – a customer base previously off-limits. It also means Western Canadians will soon have a third major choice for home internet alongside Telus and Rogersiphoneincanada.ca.
14 October 2025

Stock Market Today

  • Circle Drops 15% After Open USD Stablecoin Reveal, Revenue Model in Focus
    June 30, 2026, 1:44 PM EDT. Circle Internet Group (NYSE:CRCL) dropped 15% to $64.55 after news hit about Open USD, a stablecoin from a group including Visa, Mastercard and Coinbase. Open USD brings free minting and redemption, no caps on volume, and a plan to split reserve earnings with partners-unlike Circle's USDC. The change put pressure on Circle's valuation, at about 23 cents for every USDC issued, with investors eyeing how reserve income gets distributed. BNY Mellon (NYSE:BNY) added more USDC custody, showing steady institutional demand but also more rivals in the space. Stablecoin issuers slid while payment networks and ETFs traded up. Circle logged $694 million in revenue and reserve income for Q1, with high costs keeping investors alert to shifts in stablecoin economics.
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