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Tuesday, October 28, 2014

CBC wins Canada broadcast rights for 2018 and 2020 Olympics, (NYSE: BCE), (TSE: BCE.TO), (NYSE: RCI)

Canada's public broadcaster said on Tuesday it has won the rights to cover the 2018 and 2020 Olympics with the help of the two private sports broadcasters that have wrestled away its most popular professional sporting assets. The Canadian Broadcasting Corp (CBC) said it will broadcast action from the 2018 Winter Olympics in Pyeongchang, South Korea, and the 2020 Summer Olympics in Tokyo, in parternship with telecom and media companies Rogers Communications Inc and BCE Inc. Rogers and BCE own sports TV networks that compete with each other in Canada.

BCE Inc. is a communications company, providing residential, business and wholesale customers with a range of solutions to all their communications needs. Shares of BCE traded higher by 0.71% or $0.31/share to $43.99. In the past year, the shares have traded as low as $40.60 and as high as $46.70. On average, 806015 shares of BCE exchange hands on a given day and today's volume is recorded at 342687.

BCE Inc. is a communications company, providing residential, business and wholesale customers with a range of solutions to all their communications needs. Shares of BCE traded higher by 0.29% or $0.14/share to $49.25. In the past year, the shares have traded as low as $44.75 and as high as $51.09. On average, 1464530 shares of BCE.TO exchange hands on a given day and today's volume is recorded at 415047.

Rogers Communications Inc. (RCI) is a diversified public communications and media company. Shares of RCI traded higher by 0.63% or $0.24/share to $38.35. In the past year, the shares have traded as low as $36.05 and as high as $45.86. On average, 278469 shares of RCI exchange hands on a given day and today's volume is recorded at 179334.



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