Welcome to our dedicated page for BCE news (Ticker: BCE), a resource for investors and traders seeking the latest updates and insights on BCE stock.
BCE Inc. (TSX: BCE) (NYSE: BCE), formerly known as Bell Canada Enterprises Inc., is a leading Canadian holding company. It operates through its subsidiaries, primarily Bell Canada, which provides a wide range of telecommunication services including wireless, broadband, television, and landline phone services. BCE is a major player in the Canadian telecom industry, serving over 10 million customers and holding around 30% of the national wireless market.
Telecommunications and Media: BCE is one of the incumbent local exchange carriers (ILEC) in Canada, particularly in Ontario and Quebec, the most populous provinces. Its media segment, Bell Media Inc., controls a significant share of television, radio, and digital media assets. Bell Media holds licensing rights for major international movie channels like HBO, Showtime, and Starz, enhancing its content portfolio.
Recent Achievements: BCE's investments in broadband and fibre networks have paid off, with record fibre Internet activations and significant growth in wireless subscribers. PCMag recognized Bell as the Best Major ISP in Canada for 2023, reflecting high Internet speed, customer satisfaction, and coverage.
Innovations and Partnerships: BCE is at the forefront of 5G innovation, collaborating with global telecom leaders like Verizon and Vodafone. The company's recent partnership with Google Cloud to provide AI-driven customer service solutions epitomizes its commitment to digital transformation.
Media Expansion: Bell Media has expanded its footprint by acquiring the Canadian business of OUTFRONT Media and launching new ad-supported streaming channels on platforms like LG Channels and Samsung TV Plus. Strategic deals with FOX Entertainment enhance Bell Media’s content distribution.
Commitment to ESG: BCE emphasizes environmental, social, and governance (ESG) initiatives. The company has significantly invested in clean energy projects and social programs, including mental health initiatives through the Bell Let’s Talk campaign. BCE was recognized with the Clean50 Top Project Award for its sustainable practices.
Financial Performance: BCE continues to deliver strong financial results, with adjusted EBITDA growth and consistent dividend payouts. The company's disciplined cost management and strategic investments in core areas are expected to sustain its growth momentum.
Future Outlook: Looking ahead, BCE remains focused on expanding its 5G network, enhancing digital services, and maintaining its leadership in the Canadian telecom and media markets. The company’s continued emphasis on innovation, customer experience, and sustainable practices positions it well for long-term growth.
BCE Inc. (TSX: BCE) (NYSE: BCE) is set to announce its Q1 2023 financial results during a conference call on May 4, 2023, at 8:00 AM Eastern. President and CEO Mirko Bibic and CFO Glen LeBlanc will participate, with media invited to listen only. Interested participants can dial toll-free at 1-800-806-5484 or 416-340-2217, using passcode 1142910#. A replay will be available until June 1, 2023. The live audio webcast can be accessed via BCE's website. BCE is recognized as Canada’s largest communications company, offering a range of services including broadband and media.
BCE Inc. filed its 2022 annual report on Form 40-F with the U.S. SEC on March 3, 2023. The report includes audited financial statements for the fiscal year ending December 31, 2022. Investors can access the full report on BCE's website or the SEC's site. Additionally, BCE offers printed copies of the financial statements free of charge to security holders. BCE is Canada’s largest communications company, providing a variety of services including broadband wireless, TV, and internet. For further information, contact BCE Investor Relations.
BCE Inc. (TSX: BCE) announced the conversion results of its preferred shares effective March 1, 2023. A total of 3,635,351 of its Series AC Preferred Shares will convert to Series AD Preferred Shares, while 351,634 Series AD shares will revert back to Series AC. Post-conversion, BCE will have 6,716,274 Series AC and 13,148,226 Series AD shares outstanding. The Series AC shares will pay a fixed cash dividend of 5.08% quarterly, while Series AD shares will maintain a floating dividend linked to the prime rate. Both share classes will remain listed on the Toronto Stock Exchange.
Bell Canada announced a public offering in Canada for Cdn $1.5 billion in MTN Debentures under its medium-term notes program. This includes Cdn $1.05 billion in Series M-58, maturing in
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