BCE (BCE)

BCE, Inc., (BCE), is Canada's largest communications service provider and serves as the holding company for Bell Canada. The company provides local and long-distance phone service to approximately 70% of the Canadian population, primarily in Ontario and Quebec. In addition, it provides wireless services, data communications, Internet access, and direct-to-home (DTH) satellite television services through its various subsidiaries. Local phone and access services comprised 20% of 2007 revenue, data 20%, wireless 23%, long distance 7%, video 7% with remaining sales contributed by other sources. The majority of its 2007 revenue (approximately 97%) was generated by its subsidiary, Bell Canada, and approximately 3% was derived from other holdings (Telesat and others). Bell Canada includes the company s core wireline and wireless telecom operations, as well as the satellite TV business, known as ExpressVu. Bell Globemedia is a 68.5%-owned Canadian media company offering television, print, and Internet content. It includes CTV, one of Canada s leading private broadcasters, and The Globe & Mail, a leading Canadian national newspaper. BCE Ventures includes the company's satellite communication and information technology services assets.

The company progressed with its previously announced plan to simplify its overall corporate structure and ameliorate BCE's charter by converting the holding company into an income trust, to be known as Bell Canada Income Fund. On January 31, 2007, Bell Canada's preferred shares were exchanged for BCE's preferred shares with the same series rights and its holders received a special one-time $0.20 dividend. On June 6, 2007, BCE shareholders voted on the name change of BCE Inc. to Bell Canada Inc.

On March 7, 2006, BCE (45% ownership of Aliant) and Aliant (which provides local telephone, long distance, wireless, data and other services to residential and business customers in Atlantic Canada) announced initiatives to create a new regional telecommunications service provider in the form of an income trust which would combine Bell Canada's regional wireline operations with Aliant's wireline operations. The new trust owned approximately 3.4 million local access lines, and served approximately 400,000 high-speed Internet subscribers in six provinces.

On October 31, 2007 BCE completed the previously announced sale of its satellite services subsidiary, Telesat Canada, to a new acquisition company formed by Canada's Public Sector Pension Investment Board (PSP Investments) and Loral Space and Communications Inc. Net of assumed debt and transaction expenses, BCE received proceeds of C$3.2 billion (US$3.17 billion) from the all-cash transaction.

Read full report on BCE, Inc.-ADS

Company overview provided by

Company Products/Services/Markets:

Enter Company Products/Services Here

Strategy:

Describe Key Aspects of Company's Strategy Here

Competitors:

Enter Competitors Here

Industry Trends and News:

Enter Industry Trends and News Here

Acquisitions, Divestitures, Major Transactions, Spin-offs :

Enter Acquisitions, Divestiures, Major Transactions, Spin-offs Here

Management – Pros & Cons, Changes:

Enter Management - Pros & Cons, Changes Here

Buy Rationale:

Enter Buy Rationale Here

Sell Rationale:

Enter Sell Rationale Here