Who gave shareholders the greatest return in 2006: Bell or TELUS?
I am not talking about the run-up in BCE stock in 2007 since the pension funds started circling to find a home for private equity.
Let’s first look at 2006 in isolation.
Would you be surprised to learn that Bell beat TELUS by a couple percentage points for total shareholder return last year [share price appreciation plus dividends]?
And so far in 2007, Bell is continuing to outpace its western rival, with BCE shares driven up another 27% versus TELUS around 22.5%.
Bell CEO Michael Sabia is scheduled to speak at The 2007 Canadian Telecom Summit at lunch on June 13.
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Bell, Michael Sabia, TELUS