About BCE
BCE is a company based in Montreal (Canada) founded in 1880 was acquired by Ontario Teachers' Pension Plan in June 2007. It operates as a Subscription Services, and Managed Services. The company has 40,390 employees as of December 31, 2024. BCE has completed 5 acquisitions, including Axia FibreNet, Bell and FX Innovation. BCE offers products and services including Wireless Services and Local Exchange Service. BCE operates in a competitive market with competitors including KPN, Hong Kong Broadband Network, Cogeco, British Telecom and Ciena, among others.
- Headquarter Montreal, Canada
- Employees 40390 as on 31 Dec, 2024
- Stage Public
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Sectors
Telecommunications
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Phone
*********
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Website
*********
- Legal Name Bce Inc.
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Annual Revenue
$16.97 B (USD)-1.07as on Dec 31, 2024
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Net Profit
$239.09 M (USD)-84.8as on Dec 31, 2024
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EBITDA
$7.36 B (USD)1.65as on Dec 31, 2024
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Latest Funding Round
$228.03 M (USD), Debt – Conventional
Feb 18, 2025
- Investors
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Employee Count
40390
as on Dec 31, 2024
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Investments & Acquisitions
Axia FibreNet
& 4 more
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Acquired by
Ontario Teachers' Pension Plan
(Jun 30, 2007)
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IPO & Listings of BCE
BCE is a publicly listed company on the TSX with ticker symbol BCE in Canada, operating in the Communications sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of BCE
BCE offers a comprehensive portfolio of products and services, including Wireless Services and Local Exchange Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Wireless connectivity is provided for individuals and businesses.
Local exchange services are offered in multiple regions.
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Software Development Team
109 people
Sales and Marketing
55 people
Leadership Team
41 people
Senior Team
29 people
Product Management Team
28 people
Finance and Accounting
21 people
Board Team
12 people
Creative and Marketing Team
9 people
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Funding Insights of BCE
- Total Funding Total Funding
- Total Rounds 3
- Last Round Debt – Conventional — $228.0M
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First Round
First Round
(23 Nov 2015)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2025 | Amount | Debt – Conventional - BCE | Valuation |
investors |
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| Aug, 2016 | Amount | Debt – Conventional - BCE | Valuation |
investors |
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| Nov, 2015 | Amount | Post-IPO - BCE | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in BCE
BCE has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Ontario Teachers' Pension Plan. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Pension funds focused on multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by BCE
BCE has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Axia FibreNet, Bell and FX Innovation. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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IT monitoring services are provided by FX Innovation to clients.
|
2002 | ||||
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Data center, cloud backup, and disaster recovery services are provided.
|
1995 | ||||
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Fiber-optic network and data connectivity service provider
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1993 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - BCE
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bce Comparisons
Competitors of BCE
BCE operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as KPN, Hong Kong Broadband Network, Cogeco, British Telecom and Ciena, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Mobile and fixed-line telecommunication services are provided across Europe.
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| domain | founded_year | HQ Location |
Provider of fibre optic broadband internet services
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| domain | founded_year | HQ Location |
Fiber-optic internet, TV, and fixed-line telephone services provider
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| domain | founded_year | HQ Location |
Provider of mobile phones and fiber broadband services for home & business
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| domain | founded_year | HQ Location |
Cloud-based network management software is provided for infrastructure planning.
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| domain | founded_year | HQ Location |
Datacenter colocation, communication technology, and managed services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Bce
Frequently Asked Questions about BCE
When was BCE founded?
BCE was founded in 1880 and raised its 1st funding round 135 years after it was founded.
Where is BCE located?
BCE is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
How many employees does BCE have?
As of Dec 31, 2024, the latest employee count at BCE is 40,390.
What is the annual revenue of BCE?
Annual revenue of BCE is $16.97B as on Dec 31, 2024.
What does BCE do?
BCE Inc. is involved in delivering telecommunications services, including wireless and local exchange services, across various regions in Canada. The company focuses on building advanced networks, enhancing customer experiences, and providing compelling content. Operations span multiple sectors, with an emphasis on connectivity solutions for individuals and businesses. Additionally, initiatives like Bell Lets Talk are supported to promote mental health awareness and access to care. Environmental, social, and governance objectives are integrated into the strategic priorities of the company.
What products or services does BCE offer?
BCE offers Wireless Services and Local Exchange Service.
Is BCE publicly traded?
Yes, BCE is publicly traded on TSX under the ticker symbol BCE.
How many acquisitions has BCE made?
BCE has made 5 acquisitions, including Axia FibreNet, Bell, and FX Innovation.
Who are BCE's investors?
BCE has 1 investor. Key investors include Ontario Teachers' Pension Plan.
What is BCE's ticker symbol?
The ticker symbol of BCE is BCE on TSX.
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