Mr. Mirko Bibic reports

BELL SECURES THE MOST 5G+ SPECTRUM NATIONWIDE WITH ACQUISITION OF 3800 MHZ LICENSES

BCE Inc.'s Bell is securing additional spectrum licences, acquired through the federal government's 3,800-megahertz auction, to continue bringing superfast and reliable 5G and wireless service to more people and businesses across Canada.

Key details about Bell's 3,800 MHz wireless spectrum acquisition

• Secured 1.77 billion MHz-Pop for $518-million (29 cents per MHz-Pop);

• Acquired 939 spectrum licences, providing Bell with 100 MHz of 3,500 MHz and 3,800 MHz cross-band spectrum across approximately 99 per cent of Canada's population, which provides more people and businesses nationwide with better digital experiences.

Key details about Bell's 5G+ spectrum position

• Bell to have access to an industry-leading 3.5 billion MHz-Pop of 5G+ spectrum (combining the 3,500 MHz and 3,800 MHz spectrum bands);

• Bell acquired its 5G+ spectrum at a total cost of $2.78-billion (79 cents per MHz-Pop), the lowest among national wireless carriers.

By operating Bell's 5G+ network on 3,800 MHz wireless spectrum, complemented with the existing 3500 MHz spectrum, Bell will deliver faster wireless speeds for things like downloading and streaming high-resolution videos, as well as uploading content to share on social media or for cloud photo backups. Bell's 5G+ spectrum will also allow for greater capacity to manage more devices that connect to Bell's wireless network and provide lower latency, which means real-time communication and immersive experiences can take place with lightning-fast response time.

President and chief executive officer Mirko Bibic said: "Bell 5G+ is important for Canada's digital future as businesses, entrepreneurs and organizations can leverage our network to develop innovations that enhance the lives of Canadians, such as in artificial intelligence, virtual and augmented reality, cloud gaming, massive IoT, and industrial transformation. As part of our transformation from a traditional telco to a tech-services and digital media leader, Bell will continue to deliver cutting-edge technology that provides better experiences for customers and powers more innovation in Canada."

Bell's 5G network is available to 85 per cent of Canadians, and 51 per cent of Canada's population has access to Bell's 5G+ network with full deployment happening over the next few years.

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 Montreal in 1880, Bell is wholly owned by BCE.

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