Exhibit 99.1
Bell secures the most 5G+ spectrum nationwide with acquisition of 3800 MHz licenses
MONTRÉAL, November 30, 2023 – Bell today announced it is securing additional spectrum licenses, acquired through the federal government’s
3800 MHz auction, to continue bringing super-fast and reliable 5G+ wireless service to more people and businesses across Canada.
Key details about
Bell’s 3800 MHz wireless spectrum acquisition:
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Secured 1.77 billion MHz-Pop for $518 million ($0.29 per MHz-Pop). |
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Acquired 939 spectrum licenses, providing Bell with 100 MHz of 3500 MHz and 3800 MHz cross-band spectrum across
approximately 99 per cent of Canada’s population, which provides more people and businesses nationwide with better digital experiences. |
Key details about Bell’s 5G+ spectrum position:
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Bell to have access to an industry-leading 3.5 billion MHz-Pop of
5G+ spectrum (combining the 3500 MHz and 3800 MHz spectrum bands). |
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Bell acquired its 5G+ spectrum at a total cost of $2.78 billion ($0.79 per
MHz-Pop), the lowest among national wireless carriers. |
By operating Bell’s 5G+ network on
3800 MHz wireless spectrum, complemented with the existing 3500 MHz spectrum, Bell will deliver faster wireless speeds for things like downloading and streaming high-resolution videos, as well as uploading content to share on social media or
for cloud photo backups. Bell’s 5G+ spectrum will also allow for greater capacity to manage more devices that connect to Bell’s wireless network and provide lower latency, which means real-time communication and immersive experiences can
take place with lightning-fast response time.
“Bell 5G+ is important for Canada’s digital future as businesses, entrepreneurs and organizations
can leverage our network to develop innovations that enhance the lives of Canadians, such as in artificial intelligence, virtual and augmented reality, cloud gaming, massive IoT and industrial transformation. As part of our transformation from a
traditional telco to a tech-services and digital media leader, Bell will continue to deliver cutting-edge technology that provides better experiences for customers and powers more innovation in Canada.”
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Mirko Bibic, President and Chief Executive Officer, BCE and Bell Canada |
Bell’s 5G network is available to 85 per cent of Canadians, and 51 per cent of Canada’s population has access to Bell’s 5G+ network
with full deployment happening over the next few years.
About Bell
Bell is Canada’s largest communications company,1 providing advanced broadband wireless, TV,
Internet, media and business communication services throughout the country. Founded in Montréal in 1880, Bell is wholly owned by BCE Inc. To learn more, please visit Bell.ca or BCE.ca.
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Based on total revenue and total combined customer connections. |
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