How to beat high cellphone bills: buy telecom stocks

If the outgoing or incoming government can’t beat ’em, consumers may as well join ’em.

telecom stocks

Telecom Stocks:

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The outgoing Conservative government has failed to bring down cellphone bills and the incoming Liberals aren’t expected to do much better.

What’s the long-suffering Canadian wireless subscriber to do?

Well, there’s the old adage of if you can’t beat ’em, join ’em.

Perhaps the best thing for consumers to do is to stop complaining about their cellphone bills and instead get in on the action: invest in Bell, Rogers and Telus.

It’s certainly not a bad way to go. Check out what the companies’ shares have done over the past five years:

bce shares

telus shares

rogers shares

In that time, BCE shares have climbed 67 per cent, Telus 85 per cent and Rogers 19 per cent. The broader S&P/TSX Composite Index, meanwhile, has improved only 15 per cent in comparison.

All three carriers have also posted impressive dividend growth. Since 2010, Telus has led the way with an 82-per-cent increase, followed by BCE at 52 per cent and Rogers at 50 per cent.

It’s worth noting this all happened when the three companies were supposedly at war with the government and when regulators supposedly had their numbers.

One can only imagine what the stocks will do now, with friendlier policy makers at the helm.

Buying shares in the three companies may be the best way for consumers to claw back some of that monthly bills. Actually, it may be the only way.

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2 Comments on How to beat high cellphone bills: buy telecom stocks

  1. If only our cellphone bills hadn’t left us too broke to invest. 🙂

  2. Rodrick Reynolds // January 12, 2016 at 7:59 pm // Reply

    Nice article. Telecom stocks had a very up and down 2015 but this might be the perfect time to capitalize. One stock at the top of my list of telecom stocks to watch in 2016 The company reported that year to date revenue was significantly higher, up 1089%, for the first nine months of 2015, over the same period in 2014. And Operating expenses decreased by 374%.

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