Canadian telecommunications provider Bell Canada (BCE) generated almost 22 billion Canadian dollars through its newly named Bell CTS segment in 2023. The company's Bell Media segment generated 3.12 billion Canadian dollars.
Bell Canada - additional information
Headquartered in Montreal, Bell Canada is a Canadian telecommunications and media company and, via its subsidiary Bell Mobility, one of Canada's three largest telecommunications providers. The company enjoys high levels of public trust and brand recognition throughout Canada and employs around 45 thousand people.
Bell's main competitors are Rogers Communications, which also operates a portfolio of media, fixed line, and wireless services; Telus Communications Company, which competes primarily with Bell Mobility in the wireless market; and Shaw Communications, which serves as a significant competitor in the television market.
Bell Canada has a total of 8.1 million wireless subscribers across both prepaid and postpaid accounts. Each subscriber generates an average revenue (ARPU) of around 60 Canadian dollars. Outperforming Rogers Communications, Bell's monthly wireless churn rate sits at approximately 1.2 percent among its postpaid subscribers and 1.5 percent overall.
Bell Canada's primary source of revenue is its wireline segment, via a mix of fixed line services, covering cable television, broadband, and network access lines. The company's wireline services currently generate more revenue than its wireless and media arms combined.
Annual operating revenue generated by Bell Canada from 2010 to 2023, by segment
(in billion Canadian dollars)
On April 1, 2011, BCE acquired the remaining 85% of CTV Inc. (CTV) common shares that it did not already own. CTV is reported as a new segment, Bell Media, which also includes certain assets that were transferred to it from the wireline business. Figures have been rounded. * According to source, a single reporting segment named Bell CTS has replaced the previous operating segments Bell Wireless and Bell Wireline.
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Bell Canada. (April 2, 2024). Annual operating revenue generated by Bell Canada from 2010 to 2023, by segment (in billion Canadian dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/476896/bell-canada-operating-revenue-annual-segment/
Bell Canada. "Annual operating revenue generated by Bell Canada from 2010 to 2023, by segment (in billion Canadian dollars)." Chart. April 2, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/476896/bell-canada-operating-revenue-annual-segment/
Bell Canada. (2024). Annual operating revenue generated by Bell Canada from 2010 to 2023, by segment (in billion Canadian dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/476896/bell-canada-operating-revenue-annual-segment/
Bell Canada. "Annual Operating Revenue Generated by Bell Canada from 2010 to 2023, by Segment (in Billion Canadian Dollars)." Statista, Statista Inc., 2 Apr 2024, https://www.statista.com/statistics/476896/bell-canada-operating-revenue-annual-segment/
Bell Canada, Annual operating revenue generated by Bell Canada from 2010 to 2023, by segment (in billion Canadian dollars) Statista, https://www.statista.com/statistics/476896/bell-canada-operating-revenue-annual-segment/ (last visited December 21, 2024)
Annual operating revenue generated by Bell Canada from 2010 to 2023, by segment (in billion Canadian dollars) [Graph], Bell Canada, April 2, 2024. [Online]. Available: https://www.statista.com/statistics/476896/bell-canada-operating-revenue-annual-segment/