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. (BCE) news covers developments at what the company describes as Canada’s largest communications provider, with activities spanning advanced fibre and wireless networks, enterprise services and digital media. News items often highlight how BCE, through the Bell brand, is executing on its strategic priorities and updating investors on financial performance.
Investors and followers of BCE stock can expect regular coverage of quarterly and annual results, including metrics such as operating revenues, adjusted EBITDA, net earnings and free cash flow, as reported in company news releases and related Form 6-K filings. These updates are frequently accompanied by commentary from BCE’s leadership on business trends, capital investment and cost efficiency initiatives.
BCE news also features strategic actions such as the acquisition of Ziply Fiber, described as the leading fibre Internet provider in the Pacific Northwest of the United States, and the formation of Network FiberCo with PSP Investments to support U.S. fibre expansion. Additional coverage includes announcements about Bell’s fibre and wireless network expansion, partnerships to demonstrate technologies like satellite direct-to-cell connectivity, and initiatives to extend 5G and 5G+ coverage.
On the enterprise and media side, BCE publishes news about AI-powered enterprise solutions under brands such as Bell AI Fabric, Bell Cyber and Ateko, as well as partnerships with AI companies and technology providers. Bell Media announcements include streaming bundles, sports broadcasting rights, digital advertising collaborations and content initiatives involving platforms like Crave. For investors tracking BCE, this news stream provides insight into how the company is pursuing its multi-year strategic plan and managing its communications, enterprise and media businesses.
On April 29, 2021, BCE announced that shareholders approved all resolutions presented at its Annual Meeting, including the election of its board members. Key elected directors include Mirko Bibic with 98.95% approval and Katherine Lee with 99.49%. BCE welcomed Jennifer Tory and Cornell Wright to its board, while thanking retiring members for their service. The company remains committed to environmental, social, and governance standards, as well as mental health initiatives. BCE continues to be a leading communications provider in Canada, offering broadband and media services.
BCE announced the conversion results of its preferred shares effective May 1, 2021. A total of 105,430 Series AG Preferred Shares will convert to Series AH, while 4,100,109 Series AH Shares will convert to Series AG, resulting in 8,979,530 Series AG Shares and 5,017,570 Series AH Shares outstanding. The Series AG Shares will pay a fixed annual dividend of 3.37%, while the Series AH Shares will offer a monthly floating dividend based on the prime rate. Both series remain listed on the Toronto Stock Exchange under their respective symbols.
BCE Inc. (TSX: BCE, NYSE: BCE) will announce its first-quarter 2021 results during a conference call on April 29, 2021, at 8:00 am eastern. Participants will include Mirko Bibic, President and CEO, and Glen LeBlanc, CFO. Media can listen in on a toll-free number. A replay will be available until May 29, 2021. The company, Canada’s largest communications provider, offers advanced services in broadband wireless, TV, and Internet.
Bell Canada has announced the redemption of all outstanding Cdn $1,700 million principal amount of 3.00% Debentures, Series M-40, on April 19, 2021. The redemption price will be Cdn $1,030.544 per Cdn $1,000 of principal, plus Cdn $1.315 for accrued interest. This decision shows Bell's strategy to manage debt effectively as it continues to serve more than 22 million customer connections across Canada. This move is part of BCE's broader objectives to enhance its financial position for future growth.
BCE announced the results of its preferred share conversions on March 31, 2021. A total of 42,423 Series AM Preferred Shares were converted to Series AN Preferred Shares, while 939,786 Series AN shares were converted back to Series AM. Post-conversion, there will be 10,439,978 Series AM and 1,054,722 Series AN shares outstanding. The Series AM shares will have a fixed quarterly dividend of 2.939%, while Series AN shares will have a floating dividend initially set at 0.53927% (2.163% annualized), based on T-Bill rates.
Bell Canada announced public offerings of Cdn $1.55 billion in MTN Debentures in Canada and US $1.1 billion in Notes in the United States. The Canadian offering includes Cdn $1.0 billion in 3.00% MTN Debentures maturing in 2031 and Cdn $550 million in 4.05% MTN Debentures maturing in 2051. The US offering features US $600 million in 0.75% Notes maturing in 2024 and US $500 million in 3.65% Notes maturing in 2051. Proceeds will be used to redeem Cdn $1.7 billion of existing Debentures due in 2022 and repay short-term debt.
BCE Inc. has submitted its 2020 annual report on Form 40-F to the U.S. SEC, which includes audited financial statements for the year ending December 31, 2020. The report is accessible on BCE's website and the SEC's site. Shareholders can request printed copies of the financial statements at no cost. BCE is Canada's leading communications firm, offering a range of services including broadband, TV, Internet, and media assets through Bell Media.
BCE announced its financial targets for 2021, highlighting a 5.1% increase in dividends. The company plans to invest at least $1 billion over the next two years to enhance its fiber and wireless networks. This strategic investment aims to expand service capabilities and improve customer experiences while positioning BCE for growth in the competitive telecommunications landscape.
BCE Inc. (TSX: BCE, NYSE: BCE) will host its fourth-quarter 2020 results conference call on February 4, 2021, at 8:00 am Eastern Time. The call will feature CEO Mirko Bibic and CFO Glen LeBlanc, with media allowed to listen only. To join, dial 1-800-806-5484 or 416-340-2217, using passcode 9050712#. A replay will be accessible until March 4, 2021. A live audio webcast will also be available on BCE's website.
BCE is Canada's largest communications provider, offering broadband, TV, Internet, and business communications services.
BCE Inc. (TSX: BCE) announced that none of its fixed-rate Cumulative Redeemable First Preferred Shares, Series R will convert into floating-rate Series Q Preferred Shares on December 1, 2020. Only 156,972 of the 8,000,000 Series R shares were tendered, which is insufficient for conversion as it leaves less than one million Series Q shares outstanding. The Series R Preferred Shares will maintain their listing on the Toronto Stock Exchange and provide a fixed cash dividend of 3.018% quarterly for five years starting December 1, 2020.