Company
BCE Inc.
Headquarters: Verdun, QC, Canada
Founded: 1983
Employees: 49,781
CEO: Mr. Mirko Bibic
Market Cap
C$53.48 Billion
CAD as of July 1, 2023
US$40.37 Billion
Canada
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
China Mobile
T-Mobile US
Deutsche Telekom AG
Tencent
Prosus
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.
Stocks & Indices
BCE Inc. has the following listings and related stock indices.
Stock: TSX: BCE
Stock: NYSE: BCE
Stock: FSX: BCE1
Stock: OTC: BCCCF
Stock: OTC: BCEFF
Stock: OTC: BECEF
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)