07:31 AM EDT, 10/14/2025 (MT Newswires) -- BCE (BCE.TO) was at last look up 0.6% in US premarket trade Tuesday as it unveiled its three-year strategic plan ahead of its investor day today, which outlines its plans to achieve revenue of $26.2 billion to $27.8 billion by 2028.

The telco is also targeting a long-term dividend payout policy range of 40%-55% of free cash flow and expects to distribute $5 billion in dividends to shareholders over the next three years. BCE noted its current annualized common share dividend is $1.75 per share.

The company also aims to achieve $1.5 billion in cost savings through various efficiency initiatives and free cash flow after payment of lease liabilities growth at 15% CAGR.

The company, through Bell, aims to scale its subscriber base from 14 million in 2020 to nearly 20 million by 2028. It will do so by reducing subscriber churn, offer more programming, and further develop its AI solutions. Bell will also launch internet services in British Columbia and Alberta in the coming weeks.

Among other initiatives, it will streamline its go-to-market strategy and will stop selling Virgin Plus Internet and TV in Ontario in January next year. Virgin Plus wireless will continue to be Bell's flanker post-paid mobility brand, with Lucky Mobile as Bell's prepaid brand. EBOX will continue to be Bell's flanker Internet brand.

BCE' partnership with PSP Investments also enables a future potential fibre expansion of up to 8 million U.S. locations, increasing BCE's potential total fibre reach to up to 16+ million locations in North America, the company said.

"As we look ahead to the next several years and connecting future generations through the infrastructure we're building today, from fibre to 5G to AI-powered solutions, I'm pleased to unveil BCE's plan to deliver total shareholder return. Our strategy, anchored by four strategic priorities - put the customer first; deliver the best fibre and wireless networks; lead in enterprise with AI-powered solutions; and build a digital media and content powerhouse - is focused on the core areas that will deliver sustainable growth for our investors," said Mirko Bibic, president and chief executive officer of BCE and Bell Canada.