Bell completes acquisition of xwave
Enhances Bell's IT professional services portfolio, including e-health solutions
MONTREAL, Jan. 1 2011 -- Bell today announced that it has completed its $40-million acquisition of xwave from Bell Aliant, a transaction that enhances Bell Business Markets' leading portfolio of IT product and professional solutions for corporate, government and health-care clients cross Canada.
"Bell welcomes the xwave team and their proven expertise in delivering advanced technology solutions and IT professional services," said Stéphane Boisvert, President of Bell Business Markets. "Combining xwave's leading IT solutions with the national scope and world-class broadband networks of Bell Business Markets accelerates our leadership in providing the best technology and professional services solutions to Canadian enterprise clients."
xwave has operated as part of Bell Aliant and its predecessor companies for a number of years, focused on developing advanced technology solutions and IT professional services, including leading e-health solutions.
Bell is Canada's largest communications company, providing consumers and business with solutions to all their communications needs, including Bell Mobility wireless, high-speed Bell Internet, Bell Satellite TV and Bell Fibe TV, Bell Home Phone local and long distance, and Bell Business Markets IP-broadband and information and communications technology (ICT) services.
The Bell Mental Health Initiative is a multi-year charitable program that promotes mental health across Canada via the Bell Let's Talk anti-stigma campaign and support for community care, research and workplace best practices. To learn more, please visit bce.ca/mentalhealth. Bell is wholly owned by BCE Inc. (TSX, NYSE: BCE). For information on Bell products and services, please visit www.bell.ca. For BCE corporate information, please visit www.bce.ca.
For further information:
Bell Media Relations
Bell Investor Relations
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