Top 10 Companies in Canada 2015

Posted in Top Brand Lists, Total Reads: 1792

9. Bell Canada Enterprise (BCE) Inc

Named after the inventor of telephone Bell Canada Enterprise is the largest communication company in Canada, connecting over 13 million people with its services.

The history of this company is as old as invention of telephone. It is headquartered at Campus Bell in Montreal, Canada. With Alexander Graham Bell discovery of telephone, he leased the patented technology to develop equipment for American population. He co-founded Bell Telephone Company for the same purpose. To expand into other countries like Canada Bell Telephone Canada was formed as subsidiary in 1880 of Bell systems and was headed by Charles Fleetford Sise who was general manager at Bell System. It later grew slowly territory wise with technological innovation in the field and pioneered communication mediums in Canada. Considered to be one of the oldest companies of Canada BCE became an independent company in 1949 when the US parent divested its stake in the company. It also took a controlling stake in Northern Electric which provided equipments complementing Bell Canada's service solutions. Its major competitor Rogers Communication emerged with decreasing regulation in the sector and owns similar services as that by BCE.

Stake in the company is mostly owned by institutional investors and banks like Royal Bank of Canada. Bell is used In past 20 years this company has expanded its reach in allied industries of communication. Along with being an equipment manufacturer and telephone service provider, it has rode the wave of communication boom, launching mobile, broadband, cloud computing, DTH services and various innovative services. Standing by its motto of providing comprehensive, innovative communications for people of Canada,it has recently launched a Bell Fibe App for improving broadcasting experience in canada. It also owns stake in Montreal Canadians Ice Hockey Club and Mapple Leaf Sports & Entertainment which are big entities in sports and entertainment.

Figures ($'000)

Revenue : 20,242,000

Profit : 2,763,000

Market Cap : 33,055 million$

Looking for Similar Lists, Browse more Top Lists

Share this Page on:
Facebook ShareTweetShare on G+Share on Linkedin