Company
BCE Inc.
Headquarters: Verdun, QC, Canada
Founded: 1983
Employees: 49,781
CEO: Mr. Mirko Bibic
Market Cap
C$49.54 Billion
CAD as of Jan. 1, 2024
US$37.39 Billion
BCE Inc. Categories
Canada Communication Services Telecom ServicesCanada Communication Services Canada Telecom Services
Company Description
BCE Inc., formerly Bell Canada Enterprises, is a telecommunications and mass media holding company for the Bell Canada corporate group. Besides its telecommunications and media arms, Bell Canada and Bell Media, BCE is also involved in sports with participation in the Montreal Canadiens ice hockey club and Maple Leaf Sports & Entertainment and owns several other local telecommunications companies.
Top Competitors by Market Capitalization
Industry: Telecom Services
| Company | Market Cap (USD) |
|---|---|
| T-Mobile US | $187.70 B |
| China Mobile | $185.54 B |
| Verizon | $165.52 B |
| Deutsche Telekom AG | $123.30 B |
| AT&T | $123.19 B |
Detailed Description
BCE Inc. operates as a telecommunications and media company in Canada. The company offers wireless, wireline, Internet, and television (TV) services to residential, business, and wholesale customers. It operates through three segments: Bell Wireless, Bell Wireline, and Bell Media. The Bell Wireless segment provides wireless voice and data communication products and services, and consumer electronics products. The Bell Wireline segment offers data, including internet access and Internet protocol television (IPTV), local telephone, long distance, as well as other communication services and products. This segment also buys and sells local telephone, long distance, data, and other services from or to resellers and other carriers. The Bell Media segment provides conventional TV, specialty TV, pay TV, streaming services, digital media services, radio broadcasting services, and out-of-home (OOH) advertising services. It owns and operates 35 conventional TV stations; 27 specialty channels and four Pay TV services; four direct-to-consumer streaming services; 109 licensed radio stations; and websites. The company was formerly known as Bell Canada Enterprises Inc. BCE Inc. was incorporated in 1970 and is headquartered in Verdun, Canada.
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Stocks & Indices
BCE Inc. has the following listings and related stock indices.
Stock: TSX: BCE wb_incandescent
Stock: NYSE: BCE wb_incandescent
Stock: FSX: BCE1 wb_incandescent
Stock: OTC: BCCCF wb_incandescent
Stock: OTC: BCEFF wb_incandescent
Stock: OTC: BECEF wb_incandescent
Product & Services
Fixed line and mobile telephony Internet services Digital television Radio broadcasting Print
Key People
Mirko Bibic (President & CEO) Glen Le Blanc (CFO & Vice Chair, Atlantic Canada)
Financials
Revenue: CA$23.96 billion (FY19) CA$23.47 billion (FY18)
Operating income: CA$7.96 billion (FY19) CA$7.38 billion (FY18)
Net income: CA$3.25 billion (FY19) CA$2.97 billion (FY18)
Total assets: CA$60.15 billion (FY19) CA$57.10 billion (FY18)