BCE Inc (N:BCE)
Business Focus: N/A
| Sector: Technology | Industry: N/A |
| Company Contact | |
| Address: | 1 Carrefour Alexander-Graham-Bell Building A, 4th Floor VERDUN QC H3E 3B3 |
| Tel: | N/A |
| Website: | https://www.bce.ca |
| IR: | See website |
| Key People | ||
| Mirko Bibic President, Chief Executive Officer, Director | Stephen Howe Chief Technology Officer and Information Officer (Bell Canada) | Curtis Millen Chief Financial Officer, Executive Vice President |
| Sean Cohan President and Vice-Chairman - Bell Media | Blaik Kirby Group President - Consumer and Small and Medium Business | John Watson Corporate Executive - Group President, Business Markets, Customer Experience and AI (Bell Canada) |
| Nikki Moffat Executive Vice President - Corporate Services, Chief Human Resources Officer (BCE and Bell Canada) | Robert Malcolmson Executive Vice President, Chief Legal and Regulatory Officer (BCE and Bell Canada) | Devorah Lithwick Senior Vice President, Chief Brand Officer (Bell Canada) | Karine Moses Senior Vice President - Content Development and News, Vice Chairman, Quebec (Bell Canada) |
| Business Overview |
| BCE Inc. is a Canada-based communications company. The Company provides wireless and fiber networks. The Company operates through one segment: Bell Communication and Technology Services (Bell CTS). Bell CTS segment provides a range of communication products and services to consumers, businesses and government customers across Canada. Its wireless products and services include mobile data and voice plans and devices and are available nationally. Its wireline products and services comprise data (including Internet access, Internet protocol television (IPTV), cloud-based services and business solutions), voice, and other communication services and products, which are available to its residential, small and medium-sized businesses and large enterprises customers primarily in Ontario, Quebec, the Atlantic provinces and Manitoba. This segment includes its wholesale business, which buys and sells local telephone, long-distance, data, and other services from or to resellers and other carriers. |
| Financial Overview |
| For the three months ended 31 March 2024, BCE Inc revenues decreased 1% to C$6.01B. Net income applicable to common stockholders decreased 45% to C$402M. Revenues reflect Bell Media segment decrease of 7% to C$642M. Net income also reflects Severance increase from C$29M to C$234M (expense), Net mark-to-market losses on derivatives decrease from C$18M (income) to C$90M (expense). Dividend per share increased from C$0.92 to C$0.97. |
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