BCE Inc., owner of Bell Mobility and Bell Media increased its Q1 profits by 14% over the previous year to $574 million. Much of the growth was due to Bell Mobility's growth and the further proliferation of smartphones into the Canadian market.
MONTREAL - A prominent investor and a business watchdog are denouncing BCE Inc.'s plan to pay Astral Media Inc.'s founding family more than other shareholders to buy the media company, calling it a corporate governance blunder.
BCE Inc. and Rogers Communications Inc., the two largest telecom and media providers in the country who are jointly buying the Toronto Maple Leafs, sought Thursday to gain regulatory approval to acquire the club's television licences.
Competition authorities have given the green light for Rogers Communications Inc. and BCE Inc. to proceed with a joint $1.3-billion deal to buy a controlling stake in pro sports powerhouse Maple Leaf Sports and Entertainment.
Bell Mobility faces $100M lawsuit over pre-paid wireless contracts. Bell Mobility and its parent company, BCE Inc. have been served with notice of a $100-million class action lawsuit alleging that expiry dates on its pre-paid wireless services are illegal.