BCE Inc. Acquires Ziply Fiber, Expands North American Fiber Footprint

BCE Inc. (NYSE:BCE) is one of the most undervalued telecom stocks to invest in. On August 22, CIBC analyst Stephanie Price raised the firm’s price target on BCE to C$36 from C$35, while keeping a Neutral rating on the shares. This sentiment came after the company reported its Q2 2025 earnings, reporting a mix of revenue growth, strategic business achievements, and financial pressures.

The company’s revenue increased by 2.28% year-over-year in Q2 to reach $4.43 billion, primarily due to BCE’s fiber strategy and growth in premium wireless subscribers.

BCE Inc. Acquires Ziply Fiber, Expands North American Fiber Footprint

The acquisition of Ziply Fiber was completed ahead of schedule, which expanded BCE’s fiber footprint by 1.4 million locations and made it the third-largest fiber Internet provider in North America. Ziply’s EBITDA is now projected to grow by over 20% in 2025. BCE’s self-install program has also been a success, with over 1 million self-installs since 2022.

BCE Inc. (NYSE:BCE) is a communications company that provides wireless, wireline, internet, streaming services, and television services to residential, business, and wholesale customers in Canada.

While we acknowledge the potential of BCE to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BCE and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.