1. BCE appoints Steve Weed as new board director. 2. Weed previously led Ziply Fiber and runs WaveDivision Capital. 3. His broadband expertise aims to drive growth at Bell. 4. BCE's leadership values Weed's experience in telecommunications industry. 5. The appointment signals potential enhancements in BCE's service offerings.
Steve Weed's experience in broadband suggests potential strategic growth for BCE. Historical trends show such board appointments can positively influence stock performance, as seen with similar profiles in other telecom firms boosting their market presence.
The appointment has potential to enhance BCE's strategic direction, though may take time to realize impacts fully.
Long-term growth expected as Weed's experience impacts BCE's strategic decisions over time. Past board member appointments have resulted in gradual improvements, indicating sustained investment returns.
MONTRÉAL, Nov. 6, 2025 /PRNewswire/ - BCE (TSX:BCE) (NYSE:BCE) today announced the appointment of Steve Weed, the former Executive Chairman of Ziply Fiber, as a director of BCE Inc. and Bell Canada.
Mr. Weed is the Chief Executive Officer of WaveDivision Capital, an investment firm that aims to bring better broadband to more homes and businesses across the United States and Canada. He also founded and served as Chief Executive Officer of Wave Broadband, from 2002 to 2018.
Mr. Weed is an advisory board member of Consolidated Communications and a board member of Greenlight Networks.
"We are honoured to have Steve join the BCE Board. He is a highly respected leader in the telecommunications and broadband industries. Steve's experience as the former Executive Chairman of Ziply Fiber and Chief Executive Officer of WaveDivision Capital will strongly benefit BCE shareholders."
- Gordon Nixon, Chair of BCE Inc. and Bell Canada
"Steve's distinguished career in the broadband industry makes him an outstanding addition to the BCE Board of Directors. His proven leadership in building the leading fibre Internet provider in the Pacific Northwest of the United States will be instrumental in driving growth at Bell."
- Mirko Bibic, President and CEO, BCE Inc. and Bell Canada
About BCE
BCE is Canada's largest communications company1, leading the way in advanced fibre and wireless networks, enterprise services and digital media. By delivering next-generation technology that leverages cloud-based and AI-driven solutions, we're keeping customers connected, informed and entertained while enabling businesses to compete on the world stage. To learn more, please visit Bell.ca or BCE.ca.
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1 Based on total revenue and total combined customer connections. |
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SOURCE Bell Canada (MTL)