At close of market on Wednesday, BCE Inc. (TSX:BCE) stock finished trading at +1.24%, bringing the stock price to $61.98 on the Toronto Stock Exchange. The stock price saw a low of $61.40 and a high of $62.04.
The company’s stock was traded 7,146 times with a total of 2,319,088 shares traded.
BCE Inc. has a market cap of $55.71 billion, with 898.77 million shares in issue.
BCE, through its Bell brand, is both a wireless and Internet service provider, offering wireless, broadband, television, and landline phone services in Canada. It is one of the big three national wireless carriers, with its nearly 10 million customers constituting about 30% of the market. It is also the ILEC (incumbent local exchange carrier- the legacy telephone provider) throughout much of the eastern half of Canada, including in the most populous Canadian provinces-Ontario and Quebec. Additionally, BCE has a media segment, which holds television, radio, and digital media assets. BCE licenses the Canadian rights to movie channels including HBO, Showtime, and Starz. In 2018, the wireline segment comprised 54% of total revenue, while wireless comprised 36%. Media provided the remainder.
