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) announced the conversion results for its preferred shares on August 23, 2022. A total of 1,067,517 Series AA Preferred Shares will convert to Series AB on September 1, 2022, while 1,977,982 Series AB shares will convert to Series AA. After this conversion, BCE will have 12,307,661 Series AA and 7,688,739 Series AB Preferred Shares outstanding. The Series AA shares will offer a fixed 4.94% annual dividend, paid quarterly, while Series AB will provide a monthly floating dividend for the next five years.
BCE has reported a steady increase in total revenue for the last quarter, reaching CAD 6.1 billion, up 2% year-over-year. The company's earnings before interest, taxes, depreciation, and amortization (EBITDA) also rose by 3%, totaling CAD 2.5 billion. BCE's wireless segment showed strong growth, contributing significantly to the overall performance. However, challenges remain in the wireline segment, with a decline in subscribers affecting overall profitability. The company continues to invest in network infrastructure to drive future growth.
BCE Inc. (TSX: BCE) will host its second-quarter 2022 results conference call on August 4, 2022, at 8:00 am ET. CEO Mirko Bibic and CFO Glen LeBlanc will lead the call, which is open for media on a listen-only basis. Interested participants can call 1-800-806-5484 or 416-340-2217 with passcode 6085726#. A replay will be available until September 4, 2022. The call will also be streamed live on BCE's website.
BCE is Canada's largest communications company, offering various services including broadband wireless and media.
Bell Canada announced a prospectus supplement to its short form base shelf prospectus dated March 7, 2022, to renew its Medium Term Notes (MTN) program. This program allows Bell to issue MTN Debentures until April 7, 2024, fully guaranteed by BCE (TSX, NYSE: BCE). The renewal aims to enhance Bell's financial flexibility and capital market access. A dealer agreement has also been established for future MTN offerings. The securities will not be registered under the U.S. Securities Act, preventing sales in the U.S.
BCE Inc. (TSX: BCE) announced today that shareholders approved all items at the Annual Meeting of Shareholders, including the election of directors. Notable votes included Mirko Bibic with 99.57% approval and David F. Denison with 98.12%. The meeting reflected strong shareholder support for the board's leadership. BCE, Canada's largest communications company, provides advanced broadband, media, and business communications services. For complete director biographies, visit BCE.ca.
BCE reported strong quarterly results, showcasing a revenue increase of 5% year-over-year to $5.65 billion. The company highlighted robust growth in its wireless segment, with a notable 7% rise in subscriber additions. Moreover, BCE announced a dividend increase of 3%, reflecting its commitment to returning value to shareholders. Analysts have responded positively, citing BCE's strategic investments and expansion in the fiber-optic network as key drivers for future growth.
BCE Inc. will hold its first-quarter 2022 results conference call on May 5, 2022, at 8:00 am Eastern Time. Mirko Bibic, the President and CEO, and Glen LeBlanc, CFO, will lead the discussion. Media can participate on a listen-only basis. Interested participants can call 1-800-806-5484 or 416-340-2217 with passcode 6696161#. A replay will be available until June 5, 2022. The call will also be accessible via live audio webcast on BCE's website.
BCE is Canada's largest communications company, offering a range of media and telecommunications services.
BCE has filed its 2021 annual report on Form 40-F with the U.S. SEC, detailing audited financial statements for the year ended December 31, 2021. The report is accessible on BCE's website and the SEC's site. Holders of BCE securities can request printed copies of the financial statements at no cost. BCE is Canada’s largest communications company, offering a variety of services including broadband, TV, and media.
BCE Inc. announced the redemption of all outstanding Cumulative Redeemable First Preferred Shares, Series AO, effective March 31, 2022, at a price of $25.00 per share. The final quarterly dividend of $0.26625 per share will also be paid to shareholders of record by February 28, 2022. Following the redemption date, these shares will no longer accrue dividends, with holders entitled only to the redemption payment. Beneficial holders should contact their financial intermediaries regarding the redemption process.
Bell Canada announced plans to redeem all outstanding Cdn $1,000 million principal amount of its 3.35% Series M-26 Debentures on March 16, 2022. The redemption price will be Cdn $1,017.396 per Cdn $1,000 of principal, plus Cdn $16.062 for accrued interest. This move precedes the original maturity date of March 22, 2023, indicating the company's strategic management of its debt obligations. As Canada's largest communications company, Bell continues to deliver advanced services across the nation, reinforcing its position in the market.
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