Bell Canada is one of the most prominent telecommunication giants in Canada with a diverse range of subsidiaries. It owns several companies such as CTV, Bell Aliant, Bell Fibe, The Source, and many others.
These subsidiary companies allow Bell Canada to provide an extensive range of products and services to millions of customers across the country. With such a wide variety of companies under its umbrella, Bell Canada has become a significant player in Canada’s business landscape driving innovation and shaping the country’s telecommunication industry.
In this post, we’ll take a detailed look into a wide-ranging list of all the different kinds of companies that are owned by Bell Canada.
Who Owns Bell Canada?
The ownership of Bell Canada is split between a few key players. The majority shareholder is BCE Inc. which owns 37.7% of Bell Canada. Other shareholders include The Ontario Teachers’ Pension Plan which owns 6% and TD Asset Management which owns 3.9%.
With such significant ownership stakes, it’s clear that these companies play a crucial role in the operations and decision-making processes of Bell Canada.
Despite the ownership structure, Bell Canada is known for providing reliable and innovative services to its customers solidifying its place as a trusted and respected provider in Canada’s telecommunications industry.
What Companies Does Bell Canada Own?
Bell Canada owns several companies across different sectors from media to healthcare. Among these companies are:
1. CTV
CTV is a Canadian broadcasting company that has televised some of the biggest events in Canadian culture and history since the 1980s. It is owned by Bell Media, a subsidiary of BCE Inc.
2. Bell Aliant
Bell Aliant is the largest regional telecommunications company in Canada, providing its services in Atlantic Canada. It was formed when Bell Canada acquired Maritime tel and Telegraph (MT&T) and NewTel Enterprises in 2007.
3. Fibe TV
Fibe TV is an IP-based television service that provides customers access to sports, movies, and music channels with over 500 HD channels available. Customers can also view their favorite shows on the go using the Fibe TV app.
4. TELUS Communications
A telecommunications company providing services to 10 million customers across North America. explain TELUS communication was formed as a joint venture between BCE and Telus Corporation in 1999.
5. Bell Mobility
Bell Mobility is one of Canada’s leading wireless providers. explain Bell Mobility also provides customers with internet access, home phone services, and satellite TV.
6. Bell Fibe
Bell Fibe is a fiber-optic internet service provider that offers customers fast and reliable download speeds. With its lightning-fast download times, Bell Fibe allows users to stream HD content in no time, as well as enjoy an uninterrupted gaming experience without experiencing any lags or buffering. The plan also includes unlimited data usage, allowing customers to get the most out of their internet use without worrying about extra fees.
7. Bell Healthcare Solutions
Bell Healthcare Solutions is a subsidiary of Bell Canada that provides healthcare information technology solutions to hospitals, health systems, and medical institutions. The company offers an array of services, including patient engagement tools, virtual care management applications, analytics platforms, and cloud-based enterprise software solutions. Additionally, Bell Healthcare Solutions works with partners in the industry to develop innovative products that improve patient experience.
8. Expertech Network Installation
A telecommunications installation and support company. Expertech Network Installation provides complete installation, maintenance, and support services to businesses across Canada. The company works with a wide range of clients, from large enterprises to small businesses, helping them maximize their performance capabilities by providing comprehensive system upgrades and other technology-related services.
9. The Source
The Source is a retail electronics chain owned by Bell Canada. It has more than 500 stores located across the country and sells everything from phones and tablets to home appliances. The Source also provides customers with technical support services for their products.
When Was Bell Canada Founded?
Bell Canada was established in 1880 by Alexander Graham Bell and a group of investors making it one of the oldest telecom businesses in Canada.
Since then, Bell Canada has revolutionized the way we communicate and has become an integral part of Canadian society. It’s fascinating to look back and see just how this innovative company has grown and evolved over the years.
Bell Canada is an iconic telecommunications company that has been a staple in Canadian history for well over a century.
Who is the CEO of Bell Canada?
The CEO of Bell Canada is Mirko Bibic. Bibic has spent over 14 years working for the company starting as a regulatory lawyer and working his way up to the top. He is known for his expertise in the telecommunication industry and his strategic leadership.
With Bibic at the helm, Bell Canada continues to innovate and provide top-notch services to its customers. Bell Canada is one of the largest communication companies in Canada providing various services to millions of customers.
What is Bell Canada’s Net Worth?
Bell Canada’s net worth as of 2023 is $41.14 billion. Bell Canada is a company that is deeply ingrained in the fabric of Canadian society. Known for providing internet and phone services to millions of Canadians, Bell has become a household name in the country.
This figure is a testament to the company’s success and ability to adapt and innovate in a constantly changing industry. Despite facing stiff competition in the marketplace, Bell Canada continues to be a leader in the telecommunications field and its net worth is a reflection of that.
Where is the Headquarters of Bell Canada?
This bustling city situated in Quebec is the headquarter of Bell Canada. Known for its rich culture, stunning architecture, and world-renowned food scene, Montreal offers the perfect backdrop for Bell Canada’s operations. It’s no wonder Bell Canada chose Montreal for their headquarters, as the city embodies innovation, creativity, and progress.
What is the Annual Revenue of Bell Canada?
In 2021, Bell Canada reported annual revenue of 23.45 billion Canadian dollars up from 22.88 billion in the previous year. With their vast network of customers, it is natural to wonder just how much revenue this massive company brings in annually. This impressive figure solidifies Bell Canada’s position as a dominant force in the telecommunication industry and reinforces its commitment to providing top-quality services to Canadians.
How Many Employees Does Bell Canada Have?
Bell Canada currently employs over 50,000 people. That’s a significant number of individuals who work diligently to ensure Canadians have excellent telecommunications services.
The company places immense value on its employees and provides them with numerous opportunities to grow and develop their skills. From technicians, and customer service representatives, to executives, Bell Canada offers a diverse range of career paths for those who desire to work in the field.
With its commitment to innovation and technology, Bell Canada is a highly sought-after employer in Canada.
Final Words
Bell Canada has proven itself to be a major powerhouse in the Canadian telecommunication industry. Owned by BCE Inc., Bell Canada holds a significant market share and is responsible for providing Canadians with cell phone and landline services and broadcasting services through their subsidiary, CTV. Founded in 1880 and managed today by CEO Mirko Bibic, Bell Canada enjoys an annual revenue of over $23 billion CAD and reported assets worth more than $50 billion CAD in 2019. With over 50,000 employees spread out over its headquarter in Montreal, Quebec, and many locations throughout the country.
FAQs
What services are provided by Bell Canada?
Bell Canada is a leading telecommunications provider in Canada that offers a wide range of services including Internet, voice, television, and wireless.
Who owns Bell Canada?
BCE Inc., formerly known as Bell Canada Enterprises, is the largest shareholder of Bell Canada with 83% ownership. The remaining 17% is owned by various other companies and investors.
Does Bell work everywhere in Canada?
Yes, Bell Canada provides services to all regions of Canada. The company has established a vast network that reaches all parts of the country and serves millions of customers.