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.

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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.

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For further information:

Media inquiries
Marie-Ève Francoeur
Bell Media Relations
514 391-5263

Investor inquiries
Thane Fotopoulos
Bell Investor Relations
514 870-4619