- EBOX to continue offering residential Internet services to
consumers in Québec and parts of Ontario under the EBOX brand
MONTRÉAL, Feb. 24,
2022 /CNW Telbec/ - Bell today announced it has
acquired EBOX, an Internet, telephone and television service
provider based in Longueuil,
Québec. Bell will maintain the EBOX brand and operations, and EBOX
will continue providing compelling telecommunications services for
consumers and businesses in Québec and parts of Ontario.
As part of its commitment to provide Québec residents with fast,
reliable telecommunications services now and in the future, Bell
invests heavily in network infrastructure and expansion throughout
urban and rural Québec. Under Bell, EBOX will benefit from the
resources and scale necessary to support the growth of the business
and continue delivering improvements to the great services at
competitive prices that have earned them loyal customers over the
past 25 years.
"The acquisition of EBOX will further strengthen Bell's presence
in Québec, a key market for our business. I want to commend the
founders, Jean-Philippe Béïque and Dominic
Letourneau, for the great work they have done with EBOX to
bring this company to the level it has reached today. I'm very
proud and grateful that they put their trust in Bell to continue
their mission in Québec."
- Karine
Moses, Vice Chair, Québec, Bell
As part of this acquisition, Bell participated in a formal sale
process, initiated by the EBOX founders. After 25 years leading
EBOX, M. Jean-Philippe Béïque and M. Dominic Letourneau have decided that the time is
right to step away from the business to pursue other challenges.
EBOX will continue to operate on a standalone basis based in
Longueuil and existing operations
will continue under the leadership of Isis
Thiago De Souza, VP and General Manager, EBOX.
"We are delighted to join the Bell family and continue the great
work that Jean-Philippe and Dominic started 25 years ago to provide
great Internet service to customers in Québec and Ontario. This acquisition will enable EBOX to
continue to provide great value and service to our customers with
the added benefit of Bell's scale and technology to help us grow
our business and make EBOX available to even more residents and
businesses in the years to come."
- Isis Thiago De
Souza, VP & General Manager, EBOX
About Bell
Bell is Canada's largest communications
company, providing advanced broadband wireless, TV, Internet, media
and business communication services throughout the country. Founded
in Montréal in 1880, Bell is wholly owned by BCE Inc. To learn
more, please visit Bell.ca or BCE.ca.
Through Bell for Better, we are 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. This includes
the Bell Let's Talk initiative, which promotes Canadian mental
health with national awareness and anti-stigma campaigns like Bell
Let's Talk Day and significant Bell funding of community care and
access, research and workplace leadership initiatives throughout
the country. To learn more, please visit Bell.ca/LetsTalk.
About EBOX
EBOX is the largest independent Internet
provider in Québec. For over 25 years, the company has been
providing quality Internet services to many businesses,
organizations and individuals in Québec and Ontario. EBOX has been recognized by
Protégez-Vous as one of the top telecommunications companies for
customer satisfaction for five consecutive years (2017-2021). For
more information, visit www.ebox.ca.
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, including our commitments for Québec,
as well as the benefits expected to result therefrom, our plans
regarding EBOX, the benefits expected to result from the
acquisition for both EBOX and Bell, 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 network deployment and
capital investment plans and the benefits expected to result
therefrom and from the above-mentioned acquisition are subject to
risks and, accordingly, there can be no assurance that our network
deployment plans will be completed, that our anticipated capital
expenditures will be made or that the benefits expected to result
therefrom or from the acquisition of EBOX will be realized. The
completion of our network deployment plans assumes, among others,
the availability of sufficient equipment, labour and capital.
However, there can be no certainty that the required
equipment, labour and sources of capital will be available with the
result that our actual network deployments and capital expenditures
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) Safe Harbour Notice Concerning
Forward-Looking Statements dated February 3, 2022, and
BCE's news release dated February 3, 2022 announcing its
financial results for the three-month period and year ended
December 31, 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