Steve Weed joins the Board of Directors of BCE Inc.

Rhea-AI Summary

BCE (TSX: BCE) announced on November 6, 2025 that Steve Weed has been appointed to the Board of Directors of BCE Inc. and Bell Canada.

Weed is founder and former CEO of Wave Broadband (2002–2018), former Executive Chairman of Ziply Fiber, and currently CEO of WaveDivision Capital. He also serves on the advisory board of Consolidated Communications and the board of Greenlight Networks. BCE leadership said his broadband and fibre experience will benefit the company and its shareholders.

News Market Reaction – BCE

+3.48%

3 alerts

+3.48% News Effect

+$745M Valuation Impact

$22.16B Market Cap

0.1x Rel. Volume

On the day this news was published, BCE gained 3.48%, reflecting a moderate positive market reaction. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $745M to the company's valuation, bringing the market cap to $22.16B at that time.

Data tracked by StockTitan Argus on the day of publication.

MONTRÉAL, Nov. 6, 2025 /PRNewswire/ - BCE (TSX: BCE) (NYSE: BCE) today announced the appointment of Steve Weed, the former Executive Chairman of Ziply Fiber, as a director of BCE Inc. and Bell Canada.

Mr. Weed is the Chief Executive Officer of WaveDivision Capital, an investment firm that aims to bring better broadband to more homes and businesses across the United States and Canada. He also founded and served as Chief Executive Officer of Wave Broadband, from 2002 to 2018.

Mr. Weed is an advisory board member of Consolidated Communications and a board member of Greenlight Networks.

"We are honoured to have Steve join the BCE Board. He is a highly respected leader in the telecommunications and broadband industries. Steve's experience as the former Executive Chairman of Ziply Fiber and Chief Executive Officer of WaveDivision Capital will strongly benefit BCE shareholders."

-       Gordon Nixon, Chair of BCE Inc. and Bell Canada

"Steve's distinguished career in the broadband industry makes him an outstanding addition to the BCE Board of Directors. His proven leadership in building the leading fibre Internet provider in the Pacific Northwest of the United States will be instrumental in driving growth at Bell."

-       Mirko Bibic, President and CEO, BCE Inc. and Bell Canada

About BCE
BCE is Canada's largest communications company¹, leading the way in advanced fibre and wireless networks, enterprise services and digital media. By delivering next-generation technology that leverages cloud-based and AI-driven solutions, we're keeping customers connected, informed and entertained while enabling businesses to compete on the world stage. To learn more, please visit Bell.ca or BCE.ca.

________________________________

1 Based on total revenue and total combined customer connections.

Media inquiries
Ellen Murphy
media@bell.ca

Investor inquiries
Krishna Somers
krishna.somers@bell.ca

View original content:https://www.prnewswire.com/news-releases/steve-weed-joins-the-board-of-directors-of-bce-inc-302604853.html

SOURCE Bell Canada (MTL)

FAQ

Who is Steve Weed and what role did BCE (BCE) announce on November 6, 2025?

BCE appointed Steve Weed to its Board of Directors for BCE Inc. and Bell Canada on November 6, 2025.

What is Steve Weed's background relevant to BCE (BCE) board appointment?

Weed founded and led Wave Broadband (2002–2018), was Executive Chairman of Ziply Fiber, and is CEO of WaveDivision Capital.

How did BCE describe the expected impact of Steve Weed joining the board (BCE)?

BCE said Weed's broadband and fibre experience and leadership will strongly benefit shareholders and help drive growth at Bell.

Does Steve Weed hold other industry roles mentioned in the BCE (BCE) announcement?

Yes. He is on the advisory board of Consolidated Communications and a board member of Greenlight Networks.

When was the BCE (BCE) board appointment of Steve Weed made public?

The appointment was announced publicly on November 6, 2025.