86-507: This is a list of assets currently owned by Bell Media , a subsidiary of BCE Inc. Note that this list does not include BCE's 28% interest in Maple Leaf Sports & Entertainment , which itself owns a majority interest in the digital specialty channels Leafs Nation Network , NBA TV Canada , and GolTV Canada . This interest is held by BCE through a different subsidiary, not through Bell Media. This list also does not enumerate
172-463: A consortium of First Nations groups in Northern Canada for around $ 1 billion. On September 18, 2024, it was announced that BCE's 37.5% interest in Maple Leaf Sports & Entertainment (MLSE) would be sold to Rogers Communications for $ 4.7 billion; BCE stated that the sale would be used to fund foundational changes at the company towards being a "techco" rather than a "telco". As part of
258-536: A digital voice package. Bell Home Phone and Bell Mobility provide voicemail service as an optional feature for residences and businesses. Bell Prepaid customers, however, receive a basic voice mail at no additional charge. The complimentary voice mail can store five messages of one minute each, for up to five days. Bell Mobility operates a cellular network in all Canadian provinces. It also owns Virgin Mobile Canada as of May 2009 . While it created
344-905: A fee structure based on total capacity needed. Bell Canada had originally wanted to charge providers by how much data each user downloaded. In May 2017, the email addresses of 1.9 million Bell customers were stolen, along with the name and phone numbers of 1.7 million customers. Then in January 2018, there was another data breach affecting about 100 thousand Bell customers. Bell Canada's mobile phone services has been criticized for monopolistic practices, including during its acquisition of MTS. Bell Canada provides many different types of telecommunications services. Bell Canada provides standard voice service . It used to offer VoIP to customers, branded as "Digital Voice". Businesses can still obtain VoIP service. It now offers BTC (Bell Total Connect) SIP service as
430-570: A government operation that was transferred to the control of Canadian National Railways. Bell acquired interests in all Atlantic companies during the early 1960s, starting with Newfoundland Telephone (which later was organized as NewTel Communications ) on July 24, 1962. Bell acquired controlling interest in Maritime Telephone and Telegraph Company , later known as MT&T, which also owned PEI-based Island Telephone , and in Bruncorp,
516-617: A locked IPTV service known as Bell Fibe TV and Alt TV . The latter is available in most of Alberta , British Columbia, the Greater Toronto Area , Ottawa , Montreal , Québec City and Atlantic Canada. Bell Internet provides high speed DSL and fiber to the home FTTH Internet service in many areas where it offers phone service. DSL is offered in various speeds ranging from 500 kbit/s to 100 Mbit/s download and 256 kbit/s to 10 Mbit/s upload on DSL while up to 8 Gbit/s on fiber optic depending on what
602-647: A major diversification into property development, the energy sector, financial services, and other sectors. Within a few years, it became the first Canadian company to report CA$ 1 billion in profits. When Jean Monty assumed the job of CEO in 1998, he pursued a convergence strategy, attempting to combine both content creation and distribution within BCE, and to take greater advantage of the emerging Internet market. BCE's acquisition in 2000 (and subsequent financing) of overseas carrier Teleglobe cost billions of dollars. BCE sold Teleglobe two years later; Jean Monty resigned and
688-659: A minority interest in satellite telecommunications carrier Telesat Canada . In 1998, BCE raised its stake to 100% at a cost of $ 158 million for the 42% of shares it did not already own. In December 2006, BCE announced the sale of Telesat to Loral Space & Communications and the Public Sector Pension Investment Board for CAD$ 3.28 billion. In 1983, BCE acquired a controlling 42% stake in TransCanada PipeLines Limited (TCPL). In 1990, it announced its departure from
774-525: A policy of bandwidth throttling of BitTorrent traffic across its network when it announced it would stop the practice of "traffic shaping" during periods of high demand beginning in March 2012. In November 2011, only a few weeks before, the CRTC issued a ruling that stopped the controversial practice of usage-based billing of smaller internet service providers who purchase space on Bell Canada networks, providing
860-459: A press release issued February 24, 2022, Bell announced that it has acquired Internet service provider EBOX. Bell wishes to keep the brand and the activities of EBOX and let the company continue to operate independently while remaining based in Longueuil. Bell previously offered Bell Home Monitoring, also known as Bell Gardium. Bell Canada also previously offered cable television services in
946-607: A restructuring whereby Aliant, renamed Bell Aliant Regional Communications , took over Bell's wireline operations in much of Ontario and Quebec (while continuing to use the "Bell" name in those regions), as well as its 63% ownership in rural lines operator Bell Nordiq (a publicly traded income trust that controls NorthernTel and Télébec ). These are in addition to Bell Aliant's operations in Atlantic Canada . In turn, Bell has assumed responsibility for Bell Aliant's wireless and retail operations. Bell Aliant, now an income trust,
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#17327830185651032-581: A result of the stock transaction used by Northern Telecom to purchase Bay Networks, BCE ceased to be the majority owner of Nortel, and in 2000, BCE spun out its share of Nortel, distributing its holdings to its shareholders. Between 1980 and 1997, the federal government fully deregulated the telecommunications industry and Bell Canada's monopoly largely ended. Bell Canada currently provides local phone service only in major city centres in Ontario and Quebec. In July 2006, Bell and former subsidiary Aliant completed
1118-410: A subsidiary, CTV Inc. (the former Baton Broadcasting Inc.). This entity was amalgamated with CTVglobemedia and other subsidiaries in early 2011, and briefly carried the "CTV Inc." name until being renamed Bell Media Inc. later that year. All of Bell Media's conventional television licences are currently held directly by Bell Media Inc. Stations are arranged alphabetically by city of licence . Dates when
1204-573: A substantial loss. When BCE was created in 1983, Northern Telecom was transferred from a subsidiary of CRTC-regulated Bell Canada to a non-regulated subsidiary of BCE. In 1998, with Nortel's acquisition of Bay Networks , the company's name was changed to Nortel Networks. As a consequence of the stock transaction used to purchase Bay Networks, BCE's holding was diluted to a minority stake. In 2000, BCE spun out Nortel, distributing its stock in Nortel to its shareholders. Nortel's share price collapsed with
1290-618: Is 44% owned by Bell. On April 30, 2007, the Canadian Radio-television and Telecommunications Commission (CRTC) announced its decision to allow pay phone rates for Bell Canada, Telus, Bell Aliant, SaskTel, and MTS Allstream to increase from 25 cents to 50 cents, starting as early as June 1. The CRTC also permitted local rural rates to increase by the lesser of the annual rate of inflation or five percent, and removed price caps on optional rural services, such as call display and voicemail. On June 2, 2007, Bell Canada increased
1376-460: Is 80% owned by The Walt Disney Company and 20% owned by Hearst Corporation . Bell Media Radio (branded as iHeartRadio Canada ) is the wholly-owned radio broadcasting division of Bell Media. Through iHeartRadio Canada, Bell Media also owns iHeartRadio Canada Sales and operates a localized version of the iHeartRadio online radio platform owned by iHeartMedia . Bell Media owns the following radio network brands: Environics Analytics
1462-419: Is a publicly traded Canadian holding company for Bell Canada , which includes telecommunications providers and various mass media assets under its subsidiary Bell Media Inc . Founded through a corporate reorganization in 1983, when Bell Canada, Northern Telecom , and other related companies all became subsidiaries of Bell Canada Enterprises Inc., it is one of Canada's largest corporations. The company
1548-595: Is a Canadian marketing and analytical services company , established in 2003, by founder and current President Jan Kestle, owned by Bell Media . The company is based in Toronto , Ontario . Environics Analytics Group Ltd. is owned by Bell Media, separate from Environics Research Group. All staff report to Nauby Jacob, SVP of Products and Services at Bell Media. Environics Analytics experts, studies and data are often cited in Canadian news media. Founder Jan Kestle
1634-715: Is headquartered at 1 Carrefour Alexander-Graham-Bell in the Verdun borough of Montreal , Quebec , Canada. BCE Inc. is a component of the S&;P/TSX 60 and is listed on the Toronto Stock Exchange and the American-based New York Stock Exchange . It was ranked as Canada's 17th largest corporation by revenue as of June 2014, and as the ninth-largest by capitalization as of June 2015. The Bell Telephone Company of Canada Ltd.
1720-609: Is headquartered at the Campus Bell complex in the borough of Verdun in Montreal. Bell Canada is one of the main assets of the holding company BCE Inc. , an abbreviation of its full name, Bell Canada Enterprises. In addition to the Bell Canada telecommunications properties, BCE also owns Bell Media (which operates mass media properties including the national CTV Television Network ) and holds significant interests in
1806-547: Is one of Canada's leading experts on the use of privacy-friendly data. Environics Analytics was one of a group of companies to object to the removal of the Canada 2011 Census long form . The following companies are divisions of Bell Media that are no longer active or been absorbed into another part of the company *Currently being sold to other owners pending approval of the CRTC. BCE Inc. BCE Inc. , an abbreviation of its former name Bell Canada Enterprises Inc. ,
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#17327830185651892-708: Is partial list of the holdings of the BCE conglomerate. In 2009, BCE partnered with the Molson family in acquiring the Montreal Canadiens Hockey Club and the Bell Centre . The $ 575 million purchase was termed "the richest deal in NHL history"; BCE's share was reported to be $ 40 million. In 2011, together with Rogers Communications and Kilmer Sports (holding company of Larry Tanenbaum ), BCE acquired Maple Leaf Sports & Entertainment , owner of
1978-518: Is surrounded by the territory of Northwestel , implying that the company that established service there was acquired by a company serving territories further south.) Although Bell Canada entered the Northwest Territories (NWT) with an exchange at Iqaluit (then known as Frobisher Bay, in the territory now known as Nunavut) in 1958, Canadian National Telecommunications, a subsidiary of Canadian National Railways (CNR), provided most of
2064-646: The Online Streaming Act (Bill C-11) and the Online News Act (Bill C-18). On February 8, 2024, BCE announced that it would cut 4,800 positions, citing declining revenues, and new CRTC requirements mandating that the company offer wholesale access to its fibreoptic networks to competitors. The cuts resulted in major cuts at Bell Media, including cutbacks at CTV News and the proposed sale of nearly half of its radio stations. In June 2024, BCE announced that it had agreed to sell Northwestel to
2150-642: The CTV Television Network . Bell also obtained a 15% interest in The Globe and Mail , CTVglobemedia's other major asset, with the remaining 85% owned by the Thomson family . Through this acquisition, Bell responded to an increasing trend away from traditional cable and satellite delivery channels and towards new distribution methods over the Internet and wireless networks. The CRTC approved
2236-529: The Global Television Network , Vidéotron launching its wireless telephone network with video content as a key selling point, and the enormous popularity of wireless and Internet video and other media streams at the 2010 Vancouver Olympics , Bell once again sought to bring a content provider into its portfolio. In September 2010, Bell announced a deal to reacquire full control of the broadcasting properties owned by CTVglobemedia including
2322-538: The Montreal Canadiens ice hockey club and Maple Leaf Sports & Entertainment , owner of several Toronto professional sports franchises. BCE ranked number 301 on the 2021 edition of the Forbes Global 2000 list. Historically, Bell Canada has been one of Canada's most important and most powerful companies and, in 1975, was listed as the fifth largest in the country. The company is named after
2408-981: The National Bell Telephone Company , formed in Boston, Massachusetts earlier that year by the merger of the Bell Telephone Company and the New England Telephone and Telegraph Company , which in 1880 reorganized as the American Bell Telephone Company, initiating the Bell System . That same year the Canadian division was renamed to "The Bell Telephone Company of Canada Ltd.", eventually to be headed by U.S. executive Charles Fleetford Sise from Chicago who served as its first general manager. The first supplier of telephones to Bell
2494-706: The Toronto Argonauts , a team the companies purchased in 2015; BCE and Kilmer each own 50% of the team. BCE Development was founded as Daon Development by Vancouver-based developer Jack Poole in 1964. In the mid-1970s, Daon became known for expanding aggressively in the United States. The company first entered the American market in 1976 and nearly quadrupled its total assets to $ 1.67 billion in four years. It borrowed heavily to finance deals for premium office space and condominium conversions. By 1981,
2580-482: The Toronto Maple Leafs and Toronto Raptors professional sports teams. BCE's interest is held in partnership with Rogers Communications through the holding company 8047286 Canada Inc., 50% owned by Rogers and 50% by BCE holding company 7680147 Canada Inc., which is in turn 74.67% owned by BCE and 25.33% by BCE Master Trust Fund (investment fund of Bell's pension plan). Kilmer Sports and BCE also co-own
2666-614: The 2008 Beijing Olympics, Bell introduced a new logo and minimalist ad style, with the slogans "Today just got better" (with emphasis on the suffix " er ") in English Canada and "La vie est Bell" (a pun on "La vie est Belle" — French : life is beautiful ) in French Canada. The font used in Bell's marketing is a custom typeface known as 'Bell Slim', by Canadian typeface designer Ian Brignell. The financial performance of
List of assets owned by Bell Media - Misplaced Pages Continue
2752-705: The 20th century Bell acquired most of the independent companies in Ontario and Quebec, most notably the purchase of Nexxlink Technologies, a Montreal-based integrated IT solutions and telecommunications provider founded by Karol Brassard. Alongside the acquisition of Charon Systems, Nexxlink now operates today as Bell Business Solutions—a division of Bell Canada. Quebec, however, still has large swaths of relatively rural areas served by Telus Québec (formerly Québec Telephone, later acquired by Telus ) and Télébec (now owned by Bell Canada via Bell Aliant) and by some 20 small independent companies. As of 1980, Ontario still had some 30 independent companies, and Bell has not acquired any;
2838-660: The American subsidiary of the Oxford Development Group Ltd., more than doubling BCED's portfolio. BCE stated its goal was to convert from a land developer to a developer of prime commercial properties. In July 1990, BCE Inc. sold 50% ownership in BCE Development to Carena Developments Ltd. (controlled by the Toronto branch of the Bronfman family ). BCED was renamed Brookfield Development Inc. (now Brookfield Asset Management ) followed in 1994 by
2924-419: The Bell Canada group of companies (also known as the "Bell Group") were placed under a new holding company, Bell Canada Enterprises Inc. (BCE). This corporate reorganization resulted in Bell Canada and its subsidiaries, including Northern Telecom (later Nortel Networks) and over 80 others, becoming subsidiaries of the new holding company, BCE. Under the new parent, each company was owned directly by BCE, which had
3010-810: The Bell System in the United States; the regional operating company (Bell Canada) sold telephone services as a local exchange carrier, and Western Electric (Northern Electric) designed and manufactured telephone equipment. As part of the consent decree signed in 1956 to resolve the antitrust lawsuit filed in 1949 by the United States Department of Justice, AT&T and the Bell System proper divested itself of Northern Electric in 1956. In October 1973, AT&T and Bell Canada signed an agreement stating that AT&T would no longer furnish Bell System communications and research to Bell Canada. AT&T's at-the-time chairman John DeButts explained that
3096-579: The CRTC. Bell Canada Bell Canada (commonly referred to as Bell ) is a Canadian telecommunications company headquartered at 1 Carrefour Alexander-Graham-Bell in the borough of Verdun, Quebec , in Canada. It is an ILEC (incumbent local exchange carrier) in the provinces of Ontario and Quebec ; as such, it was a founding member of the Stentor Alliance . It is also a CLEC (competitive local exchange carrier) for enterprise customers in
3182-537: The Canadian market until James Cowherd's untimely death from tuberculosis in 1881. With a government-granted monopoly on Canadian long-distance telephone service, The Bell Telephone Company of Canada was serving 237,000 subscribers by 1914. Since its early years The Bell Telephone Company of Canada, Ltd. had been known colloquially as "The Bell" or "Bell Telephone". On March 7, 1968, Canadian federal legislation renamed The Bell Telephone Company of Canada, Ltd. to Bell Canada. Bell Canada extended lines from Nova Scotia to
3268-490: The Canadian market. This order could not be fulfilled due to surging demand in the United States. For a few years, the senior Bell and his friend and business associate Reverend Thomas Philip Henderson collected royalties from the lease of telephones to customers in the limited late-1870s Canadian market, who either operated their own private telephone lines or subscribed to a third party telecommunications service provider . In 1879 Bell's father sold his Canadian rights to
3354-466: The Home services to certain subscribers across Eastern Canada, this service can provide guaranteed download of 3 Gbit/s and upload speeds of 3 Gbit/s. In August 2019, the company announced it would cut roughly 200,000 households from a rural internet expansion program after a federal regulator lowered wholesale broadband prices that major telecom companies can charge smaller internet providers. In
3440-570: The Manitoba system, now known as Bell MTS , on March 17, 2017. British Columbia, served today by Telus , was served by numerous small companies that mostly amalgamated to form British Columbia Telephone, later known as BC Tel (the last known acquisition was the Okanagan Telephone Company in the late 1970s), which served the province from the 1960s until its merger with Telus. (The amalgamations produced one anomaly: Atlin
3526-560: The Ontario Teachers' Pension Plan, with BCE retaining a 20% stake. The company was subsequently renamed CTVglobemedia. In 2007, it acquired most assets of CHUM Limited . In 2010, BCE bought out the other owners, acquiring CTV's specialty television, digital media, conventional TV and radio broadcasting platforms. In August 2015, BCE sold its remaining 15% stake in the Globe and Mail to Woodbridge. Bell Media's subsidiaries: Below
List of assets owned by Bell Media - Misplaced Pages Continue
3612-545: The Solo Mobile brand in 1999, Bell shut down all standalone Solo stores in 2011 while discontinuing third-party sales of all Solo phones in November 2011. The brand continues to be active for its current customers, but there are no incentives to encourage new subscriptions. Formerly known as ExpressVu, Bell Satellite TV is a satellite television service provider. There is also a mobile TV service, Bell Mobile TV , and
3698-700: The United Kingdom via Bell Cablemedia plc (a joint venture with Jones Intercable and Cable & Wireless plc ) from 1994 until 1997, when Vidéotron first sold its UK operations to Bell Cablemedia, after which Bell Cablemedia and the UK operations of NYNEX Corporation merged with Cable & Wireless plc to form Cable & Wireless Communications . Bell Canada created the Frank and Gordon beavers to advertise its products from 2006 to 2008. Coinciding with its advertising campaign as part of its sponsorship of
3784-432: The United States under the title of "Improvement In Telegraphy" ( U.S. patent 174,465 ). His device later adopted the name now used worldwide, the telephone . Bell also patented it in Canada and transferred 75% of the Canadian patent rights to his father, Alexander Melville Bell , with the remaining 25% being awarded to Boston telephone manufacturer Charles Williams Jr. in exchange for 1,000 telephones to be provided to
3870-473: The acquisition of Bay Networks. Bell Canada acquired 100 percent of Northern Electric in 1964; starting in 1973, Bell's ownership stake in Northern Electric was diminished through public stock offerings, though it retained majority control. In 1983, as a result of deregulation, Bell Canada Enterprises (later shortened to BCE ) was formed as the parent company to Bell Canada and Northern Telecom. As
3956-513: The agreement, Bell Media reached long-term deals to maintain its media rights to MLSE-owned teams for 20 years at fair market value. On November 4, 2024, BCE announced its intent to acquire U.S. telco Ziply Fiber —which operates in the Pacific Northwest —for $ 5 billion (US$ 3.6 billion). As of 2016, BCE Inc. has three primary divisions: Bell Canada, Bell Mobility , and Bell Media, comprising over 80% of BCE's revenue. Bell Aliant
4042-490: The benefit of freeing the manufacturing company, Nortel, and other holdings from the heavily regulated telephone company, Bell Canada. Under a variety of leaders, BCE has embarked on a series of diversifications , consolidations , and corporate strategies . In 1988, Bell Canada Enterprises was shortened to BCE Inc. In 1983, A. Jean de Grandpré , chairman of Bell Canada, was appointed as the first chairman and chief executive officer (CEO) of BCE. The company soon embarked on
4128-470: The company had assets worth more than $ 2 billion. When interest rates soared, however, Daon was caught overextended, could not meet its debt payments, and was forced into a major restructuring with its bankers. In 1985, BCE acquired 68% of Daon from its creditors and changed its name to BCE Development Corporation in February 1986. In March 1986, it agreed to acquire US$ 1 billion of commercial real estate from
4214-649: The cost of a local pay phone call to 50 cents when paid in cash and one dollar when paid by calling card or credit card, Bell's first increase in pay phone rates since 1981. In 2009, Bell Canada purchased electronics retailer The Source and all other assets of InterTAN Canada Ltd. from bankrupt Circuit City . Bell has deployed MPLS on their nationwide fibre ring network to support consumer and enterprise-level IP applications, such as IPTV and VoIP . On March 17, 2017, BCE Inc. completed its acquisition of Manitoba Telecom Services . Bell Canada has faced controversy and scandal. In late 2011, Bell Canada admitted to
4300-509: The country. It also operates the premium television service (formerly The Movie Network) and over-the-top streaming service Crave, which most prominently holds rights to HBO , Max , and Starz original series, as well as other feature films and original series. BCE also owns 18% of the Montreal Canadiens ice hockey club, and (together with BCE's pension plan) a 37.5% interest in Maple Leaf Sports & Entertainment (owner of several Toronto sports franchises). Bell Canada formed
4386-511: The dot-com crash of 2000 and combined with a mishandling of a subsequent accounting investigation, the company never fully recovered. It was liquidated in 2009. In 1987, BCE purchased a 30% stake in Memotec Data Corporation for $ 196 million. When Memotec purchased international telecommunications carrier Teleglobe Canada from the Canadian government in 1987, the company was renamed Teleglobe Inc. In March 2000, BCE announced
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#17327830185654472-400: The end of 2022). The company also announced it would be closing or selling nine AM radio stations, some of which had changed to automated formats during previous rounds of cuts. Three stations— CKWW , CKOC , and CHAM —were sold to CINA Media Group. BCE blamed a number of industry changes and increasing losses in its news divisions for the cuts, while questioning the regulatory priorities of
4558-464: The energy sector and sold its stake in TCPL for $ 1.1 billion. BCE Inc.'s ISS Governance QualityScore as of December 3, 2019, is 2. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 3; Compensation: 3. Corporate governance scores are provided to Yahoo! Finance by Institutional Shareholder Services (ISS). Scores denote a decile rank relative to index or region. A decile score of 1 denotes
4644-412: The federal government and the CRTC; one BCE executive mentioned having waited for reforms on some items for years, while also citing "relentless regulatory intervention" by the CRTC to cut wireless and Internet service pricing. This rationale was questioned by union officials and other experts who felt Bell should have better prepared for industry changes, or could have waited for the full implementation of
4730-536: The filing shows. Bell Canada also posted record revenue increases for the previous fiscal year. Under pressure from investors , on October 11, 2006, BCE announced it would be wound down, with its remaining assets converted to an income trust so its income could be distributed directly to shareholders through dividends , avoiding corporate taxes . The new entity was planned to be named "Bell Canada Income Fund". As part of this restructuring, Bell Aliant offered to take Bell Nordiq private, while remaining separate from
4816-629: The foot of the Rocky Mountains in what is now Alberta. However, most of the attention given to meeting demand for service focused on major cities in Ontario, Quebec, and the Maritime Provinces . During the late 19th century, Bell sold its Atlantic operations in the three Maritime provinces, where many small independent companies also operated and eventually came under the ownership of three provincial companies. Newfoundland and Labrador joined Canada with several private companies, and
4902-565: The growing importance of 5G wireless networks, BCE announced the launch of the largest investment program in its history to double the proportion of Canadians covered. Due to its stagnant share price , starting in April 2007, BCE was courted for acquisition by pension funds and private equity groups, including a consortium led by the Canada Pension Plan Investment Board (with Kohlberg Kravis Roberts as one of
4988-413: The independent companies. Having achieved a high level of development, Manitoba moved to privatize its telephone utility and Alberta privatized Alberta Government Telephones to create Telus in the 1990s. Saskatchewan continues to own SaskTel as a crown corporation .Edmonton was served by a city-owned utility, Edmonton Telephones Corporation, that was sold to Telus in 1995. BCE re-gained ownership of
5074-657: The inventor of the telephone, Alexander Graham Bell , who also co-founded Bell Telephone Company in Boston, Massachusetts. Bell Canada operated as the Canadian subsidiary of the Bell System from 1880 to 1975. However, unlike the other regional Bell operating companies, Bell Canada had its own research and development labs. In the mid-1870s Alexander Graham Bell , who was Scottish-born but lived in Canada, invented an analogue electromagnetic telecommunication device that could simultaneously transmit and receive human speech. In March 1876 he successfully patented his invention in
5160-610: The largest acquisition in Canadian history and the largest leveraged buyout ever. The deal was approved by BCE shareholders, Quebec Superior Court (whose ruling was overturned by the Quebec Court of Appeal , but was later upheld by the Supreme Court of Canada ), and the CRTC, subject to certain conditions for its corporate governance structure to ensure that Bell remained under Canadian control. (See BCE Inc v 1976 Debentureholders for further information). Due to
5246-517: The local infrastructure can support. Bell began offering Fibre-to-the-node Internet access to some subscribers in 2010. Bell markets this service under the name "Fibe". Many urban Fibe regions can access all speeds up to and including 50+mbps down and 15+mbps up but some rural Fibe regions can only obtain 16 Mbit/s down and 1 Mbit/s up. Non-Fibe regions are limited to legacy DSL technology, supporting speeds of up to 7 Mbit/s down and 1 Mbit/s up. Bell Canada has now rolled out Fibre to
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#17327830185655332-528: The lowest governance risk, while a score of 10 denotes the highest governance risk. As of March 2020, the current board of directors are: Barry K. Allen, Mirko Bibic, Sophie Brochu, Robert E. Brown, David F. Denison, Robert P. Dexter, Ian Greenberg, Katherine Lee, Monique F. Leroux, Calin Rovinescu, Karen Sheriff, Robert C. Simmonds, and Paul R. Weiss. Since inception, BCE has had five CEOs : *Currently being sold to other owners pending approval of
5418-543: The main reason for this was because Bell Canada had developed its own research and development lab ( Bell-Northern Research ), making Bell Canada ready to serve its Canadian landline customers on its own. As a result, AT&T divested Bell Canada on June 30, 1975. Even though Bell Canada had been divested, it was allowed to participate in Bell System projects which could be completed shortly after its divestiture date. Northern Electric renamed itself Northern Telecom in 1976, which in turn became Nortel Networks in 1998 with
5504-445: The need to remain competitive, Bell Canada announced job cuts of 3,000 to 4,000 employees by the end of 2006. On April 28 that year, BCE announced that CEO Michael Sabia was taking a 455% pay increase; his salary being raised from CA$ 1.21 million to $ 6.71 million. The pay included a $ 1.25 million salary, a $ 2.2 million bonus that Sabia converted to deferred share units, a long-term incentive payout of $ 3 million and other compensation,
5590-414: The new Bell trust. Due to announced changes in taxation law by the Canadian federal government, on December 12, 2006, BCE announced it would not proceed with its planned conversion to an income trust. It then started planning a restructuring that would have eliminated the BCE holding company, but this was put on hold when the company began attracting takeover bids. In February 2021, and in line with
5676-1063: The parent company of NBTel in 1966. The purchase of MT&T was made despite efforts of the Nova Scotia legislature on September 10, 1966, to limit the voting power of any shareholder to 1000 votes. Bell-owned MT&T absorbed some 120 independent companies, most serving fewer than 50 customers each. Bell-owned NewTel purchased the CNR-owned Terra Nova Tel in 1988. In the late 1990s, Newtel, Bruncorp, MT&T and Island Tel merged into Aliant, now Bell Aliant which owns many services in rural areas of Ontario and Quebec formerly owned by Bell Canada. On January 1, 2011, Bell acquired xwave from Bell Aliant for $ 40 million, an information technology company offering sales and services in Atlantic Canada. Independent companies appeared in many areas of Ontario, Quebec and Maritime provinces without adequate Bell Canada service. During
5762-576: The participants), a consortium led by the Ontario Teachers' Pension Plan (OTPP), and a consortium that included Cerberus Capital Management . On June 30, 2007, BCE accepted a bid of $ 42.75 per share in cash, for a total valuation of $ 51.7 billion, from the group led by the OTPP, and including Providence Equity Partners , Madison Dearborn Partners , Merrill Lynch Global Private Equity, and Toronto-Dominion Bank . The proposed deal would have been
5848-531: The prairies had been scant or insufficient relative to growth, and all three had various local telephone companies. The Alberta government's Alberta Government Telephones Commission and Manitoba Government Telephones purchased the Bell operations of their provinces in 1908. Saskatchewan's Department of Railways, Telegraphs and Telephones, established in June 1908, purchased the Bell operations on October 1, 1909; all three provinces' government operations eventually acquired
5934-696: The primary historic core of the company in central, Atlantic, and northern Canada. Bell Media is the BCE broadcast and media subsidiary. In 2000, BCE bought the CTV Television Network for $ 2.3 billion. The company combined CTV with its holdings in The Globe and Mail newspaper to form Bell Globemedia, with BCE owning 70% and Thomson Newspapers and Woodbridge Co. Ltd. the remainder. In 2005, BCE sold its controlling interest in Bell Globemedia for $ 183 million to Woodbridge, Torstar , and
6020-541: The purchase of the Teleglobe shares it did not own for $ 9.65 billion. In April 2002, BCE announced it was cutting off long-term funding of Teleglobe, would give up on the company, and take a charge of up to $ 8.5 billion. In 2005, Teleglobe was sold to the Tata Group and is now known as VSNL International Canada . In September 2002, it sold its voice and data business for $ 197 million. In 1970, Bell Canada acquired
6106-478: The remaining 50%. In March 1989, BCE bought a 64% stake in Montreal Trust from Power Financial for $ 547-million. The diversification was considered a "natural evolution" due to BCE's long-standing interest in financial services, its familiarity in selling services to the public, and its in-house money management operations. In 1993, BCE sold Montreal Trust to Scotiabank for about $ 290-million, taking
6192-559: The respective station was purchased by Bell Media or a corporate antecedent (CHUM, Baton, CTVglobemedia) are recognized; this does not include instances of when a station was sold from one antecedent to another, ex., CHRO-TV being sold from Baton to CHUM in 1997. These are the channels listed that were once formerly owned by Baton Broadcasting, Inc. CTV Specialty Television Inc. is jointly owned by Bell Media and ESPN Inc. , with 70% and 30% voting interests respectively, and approximately 70% and 30% equity interests respectively. ESPN itself
6278-443: The smaller ones were sold to larger independents with larger capital resources. Cellcom Communications is the largest franchisee of Bell Canada, currently operating 25 Bell stores in both Québec and Ontario regions. At separate times, the three Prairie provinces acquired Bell Canada operations and formed provincial utility services, investing to develop proper telephone services throughout those provinces; Bell Canada's investment in
6364-486: The telephone industry in Canada: Bell Canada as a regional operating company (affiliated with AT&T , with an ownership stake of approximately 39%) and Northern Electric as an equipment manufacturer (affiliated with Western Electric , with an ownership stake of approximately 44%). The Bell Telephone Company of Canada and Northern Electric were structured similarly in Canada to the analogous portions of
6450-470: The telephone service in Canada's northern territories (specifically, Yukon, northern BC and the western NWT). CNR created Northwestel in 1979, and Bell Canada Enterprises acquired the company in 1988 as a wholly owned subsidiary. Bell Canada sold its 22 exchanges in the eastern region of the NWT to Northwestel in 1992, and BCE transferred ownership of the company to Bell Canada in 1999. Northwestel's operating area
6536-446: The terms of the purchase, with all financing in place, and Michael Sabia left BCE, with George Cope assuming the position of CEO on July 11. On November 26, 2008, BCE announced that KPMG had informed BCE that it would not be able to issue a statement on the solvency of the company after its privatization , one of the required conditions of the buyout. As a result, the purchase was cancelled. With Shaw Communications purchasing
6622-474: The tightening of the credit market caused by the subprime mortgage crisis , the investment banks financing the deal – led by Citigroup , Deutsche Bank and the Royal Bank of Scotland – started negotiations on May 16, 2008, to revise the terms of their loans with greater interest rates and greater restrictions to protect themselves. On July 4, 2008, BCE announced that a final agreement had been reached on
6708-709: The transaction in March 2011. In 2016, BCE announced that it had entered an agreement to acquire Manitoba Telecom Services (MTS) in a transaction worth $ 3.9 billion. The deal was approved by both companies' shareholders and boards of directors , and closed in March 2017 after the Competition Bureau and other agencies approved of the acquisition. In June 2023, BCE announced that it was cutting 1,300 positions across its telecom and media operations (around three per cent of its workforce, and of which approximately 30% were unfilled vacancies), including six per cent of positions at Bell Media (which had 5,645 employees at
6794-605: The various telecommunications or retail assets owned by BCE. For further information on those properties, refer to the article on Bell Canada . Bell Media owns 30 local television stations led by CTV Television Network ; 29 specialty channels, including TSN and RDS ; and four pay TV services, including Crave (formerly The Movie Network) and Super Écran . Bell Media owns and operates the following stations, specialty channels, and pay-per-view & video-on-demand services. Bell Media's predecessors, including CTVglobemedia, previously held most of their television assets through
6880-714: The western provinces. Its subsidiary Bell Aliant provides services in the Atlantic provinces . It provides mobile service through its Bell Mobility (including flanker brand Virgin Plus ) subsidiary, and television through its Bell Satellite TV ( direct broadcast satellite ) and Bell Fibe TV ( IPTV ) subsidiaries. Bell Canada's principal competitors are Rogers Communications in Ontario and Western Canada, Telus in Quebec and Western Canada, and Quebecor ( Videotron ) in Quebec. The company serves over 13 million phone lines and
6966-572: Was a company established by Thomas C. Cowherd and his son James H. Cowherd, in a three-storey brick building in Brantford, Ontario , creating Canada's first telephone factory. Thomas and James had been good friends of Alexander Graham Bell, providing stovepipe wire with which Bell conducted his early telephone experiments from his father's home in Tutelo Heights, Ontario , and also building some 2,398 telephones to Bell's specifications for
7052-529: Was a subsidiary company formed in 1999 from the merger of the four BCE-controlled telephone companies serving Canada's Atlantic provinces . In 2016, the operations of Bell Aliant were consolidated into those of Bell Canada. Its Bell MTS Inc. subsidiary, owns 100% of its Bell Canada division which includes Bell Aliant, Bell Mobility, Bell Satellite TV , Bell Media, Bell Fibe TV , Virgin Mobile Canada and Lucky Mobile . Bell's flanker wireless brand, Virgin Mobile
7138-570: Was created by an act of Parliament on April 29, 1880. Later known as Bell Canada, its charter granted it the right to construct telephone lines alongside all public rights-of-way in Canada. Under a licensing agreement with the US-based American Bell Telephone Company , Bell also manufactured telephones and telephone equipment, an activity that would be spun off in a separate company that later became Northern Telecom and then Nortel Networks . In 1983, all of
7224-798: Was in 2001 opened to long-distance competition (which has materialized only in the form of prepaid card business, and service to large national customers with some operating locations in the north) and in 2007 to resale of local telephone service (which has not yet occurred). Northern British Columbia, northeastern Ontario and the James Bay region of northern Quebec were served by independent companies, though Bell Canada eventually provided service in more far-flung reaches of Ontario and Quebec, acquired ownership interests in companies serving large swaths of northwestern Quebec and northeastern Ontario, and in Northwestel. The Bell System had two main companies in
7310-688: Was officially rebranded to Virgin Plus on July 19, 2021, to reflect the brand's evolution beyond just wireless offerings which now includes Virgin Plus Internet as well as Virgin Plus TV. The Bell Media assets include three Canadian conventional television networks, CTV , CTV 2 and Noovo along with dozens of specialty television channels including BNN Bloomberg , CTV Comedy Channel , CTV News Channel , CTV Drama Channel , CTV Sci-Fi Channel , Discovery Channel , MTV , Much , E! , TSN , RDS and 109 licensed radio stations in 58 markets across
7396-447: Was succeeded by Michael Sabia as CEO. Michael Sabia refocused BCE on its core telecommunications business, prompting BCE to buy back the 20% share in Bell Canada that it had sold in 1999 to Ameritech (later acquired by SBC Corporation ). BCE also spun off operating units that it did not consider to be core to its business, including Emergis in 2004, and Bell Globemedia and Telesat Canada in 2006. On February 1, 2006, stating
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