BCE vs IDT: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

BCE Inc (BCE)

Q3 20265 Aug – 7 Oct 2026

▲4

BCE's AI data-centre buildout accelerates as core telecom growth stays slow

Saskatchewan AI hub MOU could bring up to 900 MW and $50B+ investment Bell signed a non-binding deal with Saskatchewan to add up to 900 megawatts of AI data-centre capacity, aiming for a 1.2 GW hub. If built, it would be the province's largest-ever investment and a long-term growth engine, though it depends on customer contracts and approvals.
This is the biggest new force behind BCE's AI infrastructure story and its potential long-term value.
Cisco partnership targets sovereign AI customers Bell and Cisco agreed to work together on sovereign AI infrastructure for Canadian government and regulated industries, pairing Bell's data centres and networks with Cisco's AI and security tech. It opens a new customer base for Bell's AI Fabric, though it is only an early-stage agreement.
It shows BCE expanding its AI business into a new, potentially high-value market segment.
Q2 results show improving customer retention and AI momentum BCE's Q2 revenue rose 1.5% and free cash flow topped $1 billion. Wireless customer churn fell to a three-year low, fiber additions were strong, and AI Fabric capacity reached 335 MW. Still, handset sales fell and higher spending pressured cash flow.
It is the period's core earnings update and shows both the improving and the still-weak parts of BCE's business.
Bell launches budget ahlo 2 smartphone Bell released the ahlo 2, its exclusive low-cost smartphone, at $335 with financing from $10 monthly. It is a small move to lift device sales and keep prepaid and value-focused customers, but handset revenue has been weak, so the impact is limited.
It is a new product event that supports BCE's wireless business, though its financial effect is modest.

September 20265 Aug – 7 Oct 2026

▲4

BCE's AI data-centre buildout accelerates as core telecom growth stays slow

Saskatchewan AI hub MOU could bring up to 900 MW and $50B+ investment Bell signed a non-binding deal with Saskatchewan to add up to 900 megawatts of AI data-centre capacity, aiming for a 1.2 GW hub. If built, it would be the province's largest-ever investment and a long-term growth engine, though it depends on customer contracts and approvals.
This is the biggest new force behind BCE's AI infrastructure story and its potential long-term value.
Cisco partnership targets sovereign AI customers Bell and Cisco agreed to work together on sovereign AI infrastructure for Canadian government and regulated industries, pairing Bell's data centres and networks with Cisco's AI and security tech. It opens a new customer base for Bell's AI Fabric, though it is only an early-stage agreement.
It shows BCE expanding its AI business into a new, potentially high-value market segment.
Q2 results show improving customer retention and AI momentum BCE's Q2 revenue rose 1.5% and free cash flow topped $1 billion. Wireless customer churn fell to a three-year low, fiber additions were strong, and AI Fabric capacity reached 335 MW. Still, handset sales fell and higher spending pressured cash flow.
It is the period's core earnings update and shows both the improving and the still-weak parts of BCE's business.
Bell launches budget ahlo 2 smartphone Bell released the ahlo 2, its exclusive low-cost smartphone, at $335 with financing from $10 monthly. It is a small move to lift device sales and keep prepaid and value-focused customers, but handset revenue has been weak, so the impact is limited.
It is a new product event that supports BCE's wireless business, though its financial effect is modest.

Latest5 Aug – 7 Oct 2026

▲4

BCE's AI data-centre buildout accelerates as core telecom growth stays slow

Saskatchewan AI hub MOU could bring up to 900 MW and $50B+ investment Bell signed a non-binding deal with Saskatchewan to add up to 900 megawatts of AI data-centre capacity, aiming for a 1.2 GW hub. If built, it would be the province's largest-ever investment and a long-term growth engine, though it depends on customer contracts and approvals.
This is the biggest new force behind BCE's AI infrastructure story and its potential long-term value.
Cisco partnership targets sovereign AI customers Bell and Cisco agreed to work together on sovereign AI infrastructure for Canadian government and regulated industries, pairing Bell's data centres and networks with Cisco's AI and security tech. It opens a new customer base for Bell's AI Fabric, though it is only an early-stage agreement.
It shows BCE expanding its AI business into a new, potentially high-value market segment.
Q2 results show improving customer retention and AI momentum BCE's Q2 revenue rose 1.5% and free cash flow topped $1 billion. Wireless customer churn fell to a three-year low, fiber additions were strong, and AI Fabric capacity reached 335 MW. Still, handset sales fell and higher spending pressured cash flow.
It is the period's core earnings update and shows both the improving and the still-weak parts of BCE's business.
Bell launches budget ahlo 2 smartphone Bell released the ahlo 2, its exclusive low-cost smartphone, at $335 with financing from $10 monthly. It is a small move to lift device sales and keep prepaid and value-focused customers, but handset revenue has been weak, so the impact is limited.
It is a new product event that supports BCE's wireless business, though its financial effect is modest.

IDT Corporation (IDT)

Q3 202629 Aug – 9 Oct 2026

▲2▼2

IDT's growth units now drive profit, but remittance tax and weak retail sales weigh

Growth businesses now generate most profit IDT's three growth units — NRS, BOSS Money, and net2phone — now produce about two-thirds of gross profit and 53% of adjusted EBITDA, even though they are only a third of revenue. That mix shift lifts profit quality and supports the stock.
This is the core structural reason IDT is moving: profit is increasingly coming from faster-growing, higher-margin businesses.
Record FY2026 results and strong FY2027 guidance IDT reported record full-year results with gross profit up 18% and guided FY2027 adjusted EBITDA to $176–$180 million. Management also declared a regular dividend. Solid guidance gives investors confidence in continued growth.
The earnings report and guidance are the main new hard numbers that directly affect how investors value IDT.
New federal tax hits cash remittances A new federal tax on cash-originated remittances cut retail money-transfer revenue from the retailer agent channel by 17%. That is a real drag on the legacy business and could keep weighing on overall growth.
This is the clearest new negative force on IDT's results and a genuine counterweight to the growth story.
Weak August same-store sales at NRS retailers August same-store sales at independent retailers on IDT's NRS network fell 1.1% and units sold dropped 1.6%, after a 3.3% gain in July. Softer consumer demand at those stores can slow NRS growth and is a caution flag.
It shows a real demand headwind inside IDT's fastest-growing segment, balancing the positive growth narrative.

September 202629 Aug – 9 Oct 2026

▲2▼2

IDT's growth units now drive profit, but remittance tax and weak retail sales weigh

Growth businesses now generate most profit IDT's three growth units — NRS, BOSS Money, and net2phone — now produce about two-thirds of gross profit and 53% of adjusted EBITDA, even though they are only a third of revenue. That mix shift lifts profit quality and supports the stock.
This is the core structural reason IDT is moving: profit is increasingly coming from faster-growing, higher-margin businesses.
Record FY2026 results and strong FY2027 guidance IDT reported record full-year results with gross profit up 18% and guided FY2027 adjusted EBITDA to $176–$180 million. Management also declared a regular dividend. Solid guidance gives investors confidence in continued growth.
The earnings report and guidance are the main new hard numbers that directly affect how investors value IDT.
New federal tax hits cash remittances A new federal tax on cash-originated remittances cut retail money-transfer revenue from the retailer agent channel by 17%. That is a real drag on the legacy business and could keep weighing on overall growth.
This is the clearest new negative force on IDT's results and a genuine counterweight to the growth story.
Weak August same-store sales at NRS retailers August same-store sales at independent retailers on IDT's NRS network fell 1.1% and units sold dropped 1.6%, after a 3.3% gain in July. Softer consumer demand at those stores can slow NRS growth and is a caution flag.
It shows a real demand headwind inside IDT's fastest-growing segment, balancing the positive growth narrative.

Latest29 Aug – 9 Oct 2026

▲2▼2

IDT's growth units now drive profit, but remittance tax and weak retail sales weigh

Growth businesses now generate most profit IDT's three growth units — NRS, BOSS Money, and net2phone — now produce about two-thirds of gross profit and 53% of adjusted EBITDA, even though they are only a third of revenue. That mix shift lifts profit quality and supports the stock.
This is the core structural reason IDT is moving: profit is increasingly coming from faster-growing, higher-margin businesses.
Record FY2026 results and strong FY2027 guidance IDT reported record full-year results with gross profit up 18% and guided FY2027 adjusted EBITDA to $176–$180 million. Management also declared a regular dividend. Solid guidance gives investors confidence in continued growth.
The earnings report and guidance are the main new hard numbers that directly affect how investors value IDT.
New federal tax hits cash remittances A new federal tax on cash-originated remittances cut retail money-transfer revenue from the retailer agent channel by 17%. That is a real drag on the legacy business and could keep weighing on overall growth.
This is the clearest new negative force on IDT's results and a genuine counterweight to the growth story.
Weak August same-store sales at NRS retailers August same-store sales at independent retailers on IDT's NRS network fell 1.1% and units sold dropped 1.6%, after a 3.3% gain in July. Softer consumer demand at those stores can slow NRS growth and is a caution flag.
It shows a real demand headwind inside IDT's fastest-growing segment, balancing the positive growth narrative.