Bell 5G expands in Atlantic Canada - first 5G service in Newfoundland and Labrador
- Canada's most-awarded 5G network now available in Halifax Regional Municipality, part of the largest 5G network in Nova Scotia
- First 5G in Newfoundland and Labrador with service in St. John's, Flatrock, Paradise, Portugal Cove and Wabana
- 5G also available in Fredericton, New Brunswick; Charlottetown, Prince Edward Island coming later this year
- Bell 5G on track to reach approximately 70% of the Canadian population as part of Bell's accelerated capital investment plan
ST JOHN'S, NL, June 29, 2021 /CNW Telbec/ - Bell today announced the latest expansion of Canada's most-awarded 5G network in Atlantic Canada, including the first 5G service in Newfoundland and Labrador. With this expansion, Bell customers also now have access to the largest 5G network in Nova Scotia.
"As the country's largest investor in communication network infrastructure, including here in Atlantic Canada, Bell continues to deliver on our goal to advance how Canadians connect with each other and the world," said Glen LeBlanc, Bell's Vice Chair, Atlantic. "With incredibly fast speeds, high capacity and near-instant connections, Bell 5G will ensure Atlantic Canadians are ready for all the possibilities of the next generation of mobile digital communications."
"The introduction of 5G technology to Newfoundland and Labrador will enhance the lives and livelihoods of many," said Paul Preston, CEO of techNL. "Access to this next generation mobile network means we will be able to open up new possibilities, compete globally, attract and retain talent, and drive economic growth."
Residents and businesses in the Halifax Regional Municipality of Nova Scotia, Fredericton, New Brunswick and St John’s, Newfoundland and Labrador along with the communities of Flatrock, Paradise, Portugal Cove and Wabana can enjoy super fast data speeds made possible with 5G technology. Later this year, Bell will further expand Canada's most-awarded 5G network to more locations across the region, including Charlottetown, Prince Edward Island. Offering peak theoretical mobile data speeds up to 1.7 Gbps, Bell’s 5G network is on track to cover up to 70% of the Canadian population by the end of the year.
The unmatched data speed, unprecedented bandwidth and super low latency offered by Bell 5G will enable millions of new business and consumer applications, opening up possibilities in virtual and augmented reality, artificial intelligence and machine learning, IoT, connected vehicles and smart homes and cities. 5G's speed and efficiency in delivering data is also expected to have a significant positive environmental impact.
Bell's accelerated network investment
Earlier this year, Bell announced it will invest an additional $1.7 billion in capital over the next 2 years to accelerate the rollout of broadband fibre, 5G and rural networks. Enabled by a positive investment climate reflecting federal support for infrastructure development, this capital acceleration is in addition to the approximately $4 billion in capital Bell typically invests in broadband networks expansion each year.
The Bell team builds world-leading broadband wireless and fibre networks, provides innovative mobile, TV, Internet and business communications services and delivers the most compelling content with premier television, radio, out of home and digital media brands. With a goal to advance how Canadians connect with each other and the world, Bell serves more than 22 million consumer and business customer connections across every province and territory. Founded in Montréal in 1880, Bell is wholly owned by BCE Inc. (TSX, NYSE: BCE). To learn more, please visit Bell.ca or BCE.ca.
Through Bell for Better, the company is investing to create a better today and a better tomorrow by supporting the social and economic prosperity of our communities with a commitment to the highest environmental, social and governance (ESG) standards. We measure our progress in increasing environmental sustainability, achieving a diverse and inclusive workplace, leading data governance and protection, and building stronger and healthier communities. This includes confronting the challenge of mental illness with the Bell Let's Talk initiative, which drives mental health awareness and action with programs like the annual Bell Let's Talk Day and Bell funding for community care, research and workplace programs nationwide all year round.
Caution Concerning Forward-Looking Statements
Certain statements made in this news release are forward-looking statements, including statements relating to our network deployment and capital investment plans as well as the benefits expected to result therefrom, including our two-year increased capital investment program to accelerate the rollout of our broadband fibre, 5G and rural networks, our business outlook, objectives, plans and strategic priorities, and other statements that are not historical facts. All such forward-looking statements are made pursuant to the "safe harbor" provisions of applicable Canadian securities laws and of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to inherent risks and uncertainties and are based on several assumptions which give rise to the possibility that actual results or events could differ materially from our expectations. These statements are not guarantees of future performance or events, and we caution you against relying on any of these forward-looking statements. The forward-looking statements contained in this news release describe our expectations at the date of this news release and, accordingly, are subject to change after such date. Except as may be required by applicable securities laws, we do not undertake any obligation to update or revise any forward-looking statements contained in this news release, whether as a result of new information, future events or otherwise. Our capital investment and network deployment plans and the benefits expected to result therefrom are subject to risks and, accordingly, there can be no assurance that our capital investment and network deployment plans will be completed or that the benefits expected to result therefrom will be realized. The value of the planned investments assumes our ability to access or generate the necessary sources of capital. However, there can be no certainty that the required sources of capital will be available with the result that the actual investment made by us could materially differ from current expectations. For additional information on assumptions and risks underlying certain of our forward-looking statements made in this news release, please consult BCE Inc.'s (BCE) 2020 Annual MD&A dated March 4, 2021, BCE's 2021 First Quarter MD&A dated April 28, 2021 and BCE's news release dated April 29, 2021, announcing its financial results for the first quarter of 2021, filed by BCE with the Canadian provincial securities regulatory authorities (available at Sedar.com) and with the U.S. Securities and Exchange Commission (available at SEC.gov). These documents are also available at BCE.ca.
SOURCE Bell Canada