MONTREAL, Oct. 31 -- Teleglobe Inc. announced today that its holders
of common shares approved the plan of arrangement through which BCE will
acquire all outstanding common shares of Teleglobe not already held by the
corporation or its affiliates. The vote was taken at the company's Special
Meeting of holders of common shares held in Montréal today.
    The final order approving the proposed plan of arrangement will be sought
from the Superior Court of the Province of Québec tomorrow, November 1, 2000.
    Teleglobe shareholders wishing to make the "Cash Election" and the other
elections described in the Management Information Circular must send the
necessary documentation to Montreal Trust Company or The Bank of Nova Scotia
Trust Company of New York so that they are received at their offices specified
in the Circular by the close of business today. Shareholders who hold their
Teleglobe common shares through an investment dealer, broker, bank, trust
company or other nominee who wish to make any such election should contact
their nominee immediately.
    Teleglobe Inc. (NYSE, TSE: TGO), is a leading provider of global
broadband, data and Internet services, enabling customer to maximize the
potential of the Internet with established one-hop global connectivity,
hosting and content distribution services. With the world's largest
international Internet backbone, premier Tier One Internet peering
arrangements, and a broad base of carrier, ISP and ICP customers, Teleglobe is
expanding its reach with GlobeSystem(TM), a global network platform that will
host a robust portfolio of Internet and data services. For more information,
visit www.teleglobe.com.



-30-


For further information: Jean-Charles Robillard, Communications,
(514) 786-3908, Web site: www.bce.ca or George Walker, Investor
Relations,
(514) 870-2488