BCE

OverviewSuggest Edit

BCE (formerly Bell Canada Enterprises) is a holding company providing LTE, Fibe Internet and TV, wireless home Internet, cloud and data hosting, IP voice and collaboration, connected cars, smart cities, and IoT solutions. It operates across 3 segments: Bell Wireless, Bell Wireline, and Bell Media. Bell Wireless segment provides wireless voice and data communications products and services. Bell Wireline offers data, including Internet access and Internet protocol television (IPTV), local telephone, long-distance, as well as other communications services and products. Bell Media delivers conventional, specialty, and pay TV, as well as out-of-home (OOH) advertising, digital media, radio broadcasting, and streaming services.

TypePublic
Founded1880
HQMontreal, CA
Websitebce.ca

Latest Updates

Employees (est.) (Dec 2020)50,704(-2%)
Revenue (FY, 2021)C$23.4 B(+2%)
Share Price (May 2022)C$67.1(-1%)
Cybersecurity ratingAMore
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Key People/Management at BCE

Mirko Bibic

Mirko Bibic

President and Chief Executive Officer, Board Member
Michael Cole

Michael Cole

Chief Information Officer
Stephen Howe

Stephen Howe

Chief Technology Officer
Bernard le Duc

Bernard le Duc

Chief Human Resources Officer and Executive VP, Corporate Services
Glen Leblanc

Glen Leblanc

Chief Financial Officer and Vice Chair, Atlantic Canada
Blaik Kirby

Blaik Kirby

Group President, Bell Mobility and Bell Residential and Small Business
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BCE Office Locations

BCE has an office in Montreal
Montreal, CA (HQ)
4 Building A 1 Carrefour Alexander Graham Bell, Verdun
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BCE Financials and Metrics

BCE Revenue

BCE's revenue was reported to be C$23.45 b in FY, 2021
CAD

Revenue (FY, 2021)

23.4b

Gross profit (FY, 2021)

9.9b

Net income (FY, 2021)

2.9b

EBITDA (FY, 2021)

9.5b

EBIT (FY, 2021)

4.8b

Market capitalization (19-May-2022)

61.0b

Closing stock price (19-May-2022)

67.1

Cash (31-Dec-2021)

207.0m

EV

90.4b
BCE's current market capitalization is C$61 b.
Annual
CADFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

23.5b24.0b23.0b23.4b

Cost of goods sold

(13.9b)(13.9b)(13.3b)(13.6b)

Gross profit

9.5b10.1b9.7b9.9b
Quarterly
CADQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

5.7b5.9b6.0b5.7b5.4b5.8b5.7b5.7b5.8b

Cost of goods sold

(3.3b)(3.3b)(3.4b)(2.1b)(3.0b)(3.4b)(3.3b)(3.2b)(3.3b)

Gross profit

2.4b2.6b2.6b3.5b2.4b2.5b2.4b2.5b2.6b
Annual
CADFY, 2018FY, 2019FY, 2020FY, 2021

Cash

425.0m145.0m224.0m207.0m

Accounts Receivable

2.9b2.8b3.1b3.8b

Prepaid Expenses

244.0m194.0m209.0m254.0m

Inventories

432.0m427.0m439.0m482.0m
Quarterly
CADQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

668.0m1.1b966.0m2.7b1.5b1.5b2.6b1.8b2.2b

Accounts Receivable

2.9b3.0b2.9b3.0b2.6b2.7b3.2b3.2b3.5b

Prepaid Expenses

350.0m349.0m270.0m280.0m301.0m264.0m345.0m346.0m292.0m

Inventories

472.0m487.0m483.0m487.0m445.0m425.0m459.0m418.0m418.0m
Annual
CADFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

3.0b3.3b2.5b2.9b

Depreciation and Amortization

4.0b4.4b4.4b4.6b
Quarterly
CADQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

791.0m1.6b3.3b733.0m1.0b2.5b687.0m1.4b2.9b

Depreciation and Amortization

1.1b2.2b4.4b1.1b2.2b4.4b1.1b2.3b4.6b
CADFY, 2018

Revenue/Employee

444.6k
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BCE Operating Metrics

FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021

Gross Activations (Bell Wireless)

1.95 m410.3 k517.65 k593.55 k2.12 m406.42 k372.71 k514.38 k1.81 m340.13 k348.4 k470.17 k

Postpaid Gross Activations (Bell Wireless)

1.62 m320.56 k375.09 k417.97 k1.57 m282.41 k243.17 k365.78 k286.31 k248.99 k242.72 k336.33 k

Prepaid Gross Activations (Bell Wireless)

339.03 k89.74 k142.56 k175.58 k548.79 k124.01 k129.54 k148.6 k519.43 k91.14 k242.72 k133.84 k

Net Activations (Bell Wireless)

479.81 k38.28 k149.48 k204.07 k515.41 k19.6 k34.7 k128.17 k263.72 k2.41 k46.25 k136.46 k

BCE Acquisitions / Subsidiaries

Company NameDateDeal Size
Environics AnalyticsDecember 03, 2020
Axia NetMediaAugust 31, 2018$154 m
Alarm Force IndustriesJanuary 05, 2018c$182 m
MTSMarch 17, 2017c$3.9 b
Cieslok Media Ltd.January 03, 2017$161 m
Q9 NetworksOctober 03, 2016c$1.1 b
CorusMarch 31, 2016
Toronto Argonauts Football ClubDecember 31, 2015
GlentelNovember 28, 2014$594 m
Bell Aliant Inc.October 02, 2014$3.95 b
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BCE Revenue Breakdown

Embed Graph

BCE revenue breakdown by business segment: 51.9% from BELL WIRELINE, 12.9% from BELL MEDIA, 38.4% from BELL WIRELESS and -3.3% from Other

BCE Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

SecurityScorecard logo

BCE Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

BCE Online and Social Media Presence

Embed Graph

BCE News and Updates

Dr. Régis Vaillancourt, designated as vice-president of pharmacy affaire at BCE Pharma

ST-GEORGES, Quebec, May 05, 2022 (GLOBE NEWSWIRE) -- Dr. Régis Vaillancourt is joining BCE pharma as the vice president of pharmacy affaire at BCE Pharma, the Canadian leader with its quality management program for compounding preparations in pharmacy. The company’s mission is to provide service a…

Global DTH Services Market to 2027 - Featuring BCE, Shaw Communications and Sky Italia Among Others

Dublin, April 29, 2022 (GLOBE NEWSWIRE) -- The "DTH Services Market 2021-2027" report has been added to ResearchAndMarkets.com's offering. The global DTH Services market is anticipated to grow at a considerable CAGR during the forecast period. The market growth is attributed to the various benefit…

BCE Q1 2022 results to be announced May 5

MONTRÉAL, April 14, 2022 /PRNewswire/ - BCE Inc. (TSX: BCE) (NYSE: BCE) will hold its first-quarter 2022 results conference call with the financial community on Thursday, May 5, 2022 at 8:00 am eastern. Participants will include Mirko Bibic, President and Chief Executive Officer, and Glen...

BCE files 2021 annual report on Form 40-F

MONTRÉAL, March 4, 2022 /PRNewswire/ - BCE Inc. (TSX: BCE) (NYSE: BCE) today announced the filing of its 2021 annual report on Form 40-F with the U.S. Securities and Exchange Commission (SEC). BCE's Form 40-F includes audited financial statements for the year ended December 31, 2021, and...

BCE announces redemption of Series AO Preferred Shares

MONTRÉAL, Feb. 24, 2022 /PRNewswire/ - BCE Inc. (BCE or the Corporation) announced today that it intends to redeem all of its outstanding Cumulative Redeemable First Preferred Shares, Series AO (the "Series AO Preferred Shares") on March 31, 2022 at a redemption price of $25.00 per Series...

BCE reports fourth quarter and full-year 2021 results

This news release contains forward-looking statements. For a description of the related risk factors and assumptions, please see the section entitled "Caution Regarding Forward-Looking Statements" later in this news release. The information contained in this news release is unaudited....
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BCE Frequently Asked Questions

  • When was BCE founded?

    BCE was founded in 1880.

  • Who are BCE key executives?

    BCE's key executives are Mirko Bibic, Michael Cole and Stephen Howe.

  • How many employees does BCE have?

    BCE has 50,704 employees.

  • What is BCE revenue?

    Latest BCE annual revenue is C$23.4 b.

  • What is BCE revenue per employee?

    Latest BCE revenue per employee is C$462.5 k.

  • Who are BCE competitors?

    Competitors of BCE include Videotron, Rogers Communications and Cogeco Connexion.

  • Where is BCE headquarters?

    BCE headquarters is located at 4 Building A 1 Carrefour Alexander Graham Bell, Verdun, Montreal.

  • Where are BCE offices?

    BCE has an office in Montreal.

  • How many offices does BCE have?

    BCE has 1 office.