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May 05, 2015 1:15 AM ET

Diversified Telecommunication Services

Company Overview of Bell Canada, Inc.

Company Overview

Bell Canada, Inc. provides communications solutions to consumers and businesses. It offers residential services, including local and long distance telephone, Internet access, and digital television services. The company also provides wireless voice and data communications products and services to residential and business customers across Canada. In addition, it offers end-to-end solutions to its small and medium-sized business customers ranging from network design and integration to servers, desktop management, and business applications. Further, the company provides security, call centre, storage, and vertical industry solutions, including CPE and infrastructure solutions, IT consulting and...

1000 rue de La Gauchetière Ouest

Bureau 3700

Montreal, QC H3B 4Y7

Canada

Founded in 1880

55,101 Employees

Phone:

514-397-7000

Fax:

514-786-3970

Key Executives for Bell Canada, Inc.

Chief Executive Officer, President, Director, Chief Executive Officer of BCE Inc, President of BCE Inc and Director of BCE Inc
Age: 52
Chief Financial Officer and Executive Vice President
Age: 57
Chief Brand Officer and President of Mobility & Residential Services
Age: 53
Executive Vice President and President of Bell Business Markets
Chief Technology Officer and Executive Vice President
Compensation as of Fiscal Year 2014.

Bell Canada, Inc. Key Developments

$750 Million National Class Action Commences Against Bell Mobility and Bell Canada

A $750 million national class action has been commenced against Bell Mobility Inc. and Bell Canada, Inc. on behalf of Bell Mobility and Virgin Mobile customers for a privacy breach resulting from Bell's Relevant Ads Program. It is alleged that the defendants used the program to track, collect and sell customers' sensitive account and internet browsing information to advertisers. The lawsuit seeks damages for breach of privacy, breach of contract and breach of the Telecommunications Act. A similar lawsuit was commenced in the Province of Quebec. On November 16, 2013, Bell Canada commenced the Relevant Ads Program which tracked Bell Mobility and Virgin Mobile customers' account and network usage information, including internet sites they visited on Bell Mobility's network, to generate marketing reports that were sold to advertisers. Following Bell's announcement of the program, the Privacy Commissioner of Canada commenced an investigation after receiving an unprecedented volume of complaints. On April 7, 2015, the Privacy Commissioner released a report in which it found that Bell violated the federal Personal Information Protection and Electronic Documents Act because it did not adequately disclose the nature of the information and customers were not given the option to properly consent to the use of their information for the program. On April 13, 2015, Bell Canada announced the cancellation of the Relevant Ads Program. While Bell promised to delete all customer profiles created under the program, the lawsuit seeks the appointment of an expert to oversee and confirm the destruction of the personal information. The lawsuits were launched by Sutts, Strosberg LLP and Charney Lawyers, class action firms with expertise in privacy breach class actions. The firms represent the plaintiffs in national class actions commenced against the federal government for privacy breaches in the Marihuana Medical Access Program and the Canada Student Loans program.

Bell Canada and Bell Aliant Complete Exchange of Bell Aliant Notes for Bell Canada Debentures

Bell Canada and Bell Aliant Regional Communications, Limited Partnership announced the completion of a previously announced transaction to exchange all Bell Aliant Medium Term and Floating Rate Medium Term Notes for Bell Canada Debentures having the same financial terms. Those terms include coupon, maturity and redemption price. Specifically, the following Bell Canada Debentures, which are fully and unconditionally guaranteed by BCE Inc., were issued in exchange for the previously held Bell Aliant Notes: Bell Canada 5.41% Debentures, Series M-32, due September 26, 2016 issued in exchange for Bell Aliant 5.41% Medium Term Notes, Series 2, due September 26, 2016; Bell Canada 5.52% Debentures, Series M-33, due February 26, 2019 issued in exchange for Bell Aliant 5.52% Medium Term Notes, Series 4, due February 26, 2019; Bell Canada 6.17% Debentures, Series M-34, due February 26, 2037 issued in exchange for Bell Aliant 6.17% Medium Term Notes, Series 5, due February 26, 2037; Bell Canada 4.37% Debentures, Series M-35, due September 13, 2017 issued in exchange for Bell Aliant 4.37% Medium Term Notes, Series 7, due September 13, 2017; Bell Canada 4.88% Debentures, Series M-36, due April 26, 2018 issued in exchange for Bell Aliant 4.88% Medium Term Notes, Series 8, due April 26, 2018; Bell Canada 3.54% Debentures, Series M-37, due June 12, 2020 issued in exchange for Bell Aliant 3.54% Medium Term Notes, Series 9, due June 12, 2020; and Bell Canada Floating Rate Debentures, Series M-38, due April 22, 2016 issued in exchange for Bell Aliant Floating Rate Medium Term Notes, Series 10, due April 22, 2016. The note exchange transaction is part of Bell's strategy to simplify its capital structure and enhance administrative efficiencies by concentrating public debt into a single issuer. As a result of the note exchange transaction, Bell Aliant and its guarantors have been discharged of their obligations under the Bell Aliant Notes and the related trust indenture.

Gordon Nixon Joins Board of Directors of BCE Inc. and Bell Canada

BCE Inc. announced the appointment of Gordon M. Nixon, CM, O. Ont., as a director of BCE and Bell Canada. Mr. Nixon will serve as a member of the Board's Management Resources and Compensation Committee and the Corporate Governance Committee. President and Chief Executive Officer of the Royal Bank of Canada from August 2001 to August 2014, Mr. Nixon previously served as Chief Executive Officer of RBC Dominion Securities Inc. from December 1999 to April 2001.

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