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Segmented information (Tables) | 6 Months Ended
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Jun. 30, 2025
Operating Segments [Abstract] |
Segmented information | The following tables present financial information by segment for the three month periods ended June 30, 2025 and 2024.
For the three month period ended June 30, 2025 | Note |  | Bell CTS | Bell Media | Inter-segment eliminations | BCE
Operating revenues |  |  |  |  |  |
External service revenues |  |  | 4,509 |  | 758 |  | — |  | 5,267 |
Inter-segment service revenues |  |  | 7 |  | 85 |  | (92) |  | — |
Operating service revenues |  |  | 4,516 |  | 843 |  | (92) |  | 5,267 |
External/Operating product revenues |  |  | 818 |  | — |  | — |  | 818 |
Total external revenues |  |  | 5,327 |  | 758 |  | — |  | 6,085 |
Total inter-segment revenues |  |  | 7 |  | 85 |  | (92) |  | — |
Total operating revenues |  |  | 5,334 |  | 843 |  | (92) |  | 6,085 |
Operating costs | 5 |  | (2,895) |  | (608) |  | 92 |  | (3,411) |
Adjusted EBITDA (1) |  |  | 2,439 |  | 235 |  | — |  | 2,674 |
Severance, acquisition and other costs | 6 |  |  |  |  | (41) |
Depreciation and amortization |  |  |  |  |  | (1,287) |
Finance costs |  |  |  |  |  |
Interest expense |  |  |  |  |  | (442) |
Net return on post-employment benefit plans | 12 |  |  |  |  | 26 |
Impairment of assets | 7 |  |  |  |  | (8) |
Other expense | 8 |  |  |  |  | (38) |
Income taxes |  |  |  |  |  | (240) |
Net earnings |  |  |  |  |  | 644 |
(1)The chief operating decision maker uses primarily one measure of profit to make decisions and assess performance, being operating revenues less operating costs.
For the three month period ended June 30, 2024 | Note |  | Bell CTS | Bell Media | Inter-segment eliminations | BCE
Operating revenues |  |  |  |  |  |
| External service revenues |  |  | 4,578 |  | 730 |  | — |  | 5,308 |
| Inter-segment service revenues |  |  | 8 |  | 82 |  | (90) |  | — |
Operating service revenues |  |  | 4,586 |  | 812 |  | (90) |  | 5,308 |
External/Operating product revenues |  |  | 697 |  | — |  | — |  | 697 |
| Total external revenues |  |  | 5,275 |  | 730 |  | — |  | 6,005 |
| Total inter-segment revenues |  |  | 8 |  | 82 |  | (90) |  | — |
Total operating revenues |  |  | 5,283 |  | 812 |  | (90) |  | 6,005 |
Operating costs | 5 |  | (2,804) |  | (594) |  | 90 |  | (3,308) |
Adjusted EBITDA (1) |  |  | 2,479 |  | 218 |  | — |  | 2,697 |
Severance, acquisition and other costs | 6 |  |  |  |  | (22) |
Depreciation and amortization |  |  |  |  |  | (1,270) |
Finance costs |  |  |  |  |  |
| Interest expense |  |  |  |  |  | (426) |
| Net return on post-employment benefit plans | 12 |  |  |  |  | 17 |
Impairment of assets | 7 |  |  |  |  | (60) |
Other expense | 8 |  |  |  |  | (101) |
Income taxes |  |  |  |  |  | (231) |
Net earnings |  |  |  |  |  | 604 |
(1)The chief operating decision maker uses primarily one measure of profit to make decisions and assess performance, being operating revenues less operating costs. The following tables present financial information by segment for the six month periods ended June 30, 2025 and 2024.
For the six month period ended June 30, 2025 | Note |  | Bell CTS | Bell Media | Inter-segment eliminations | BCE
Operating revenues |  |  |  |  |  |
External service revenues |  |  | 8,990 |  | 1,449 |  | — |  | 10,439 |
Inter-segment service revenues |  |  | 14 |  | 169 |  | (183) |  | — |
Operating service revenues |  |  | 9,004 |  | 1,618 |  | (183) |  | 10,439 |
External/Operating product revenues |  |  | 1,576 |  | — |  | — |  | 1,576 |
Total external revenues |  |  | 10,566 |  | 1,449 |  | — |  | 12,015 |
Total inter-segment revenues |  |  | 14 |  | 169 |  | (183) |  | — |
Total operating revenues |  |  | 10,580 |  | 1,618 |  | (183) |  | 12,015 |
Operating costs | 5 |  | (5,742) |  | (1,224) |  | 183 |  | (6,783) |
Adjusted EBITDA (1) |  |  | 4,838 |  | 394 |  | — |  | 5,232 |
Severance, acquisition and other costs | 6 |  |  |  |  | (288) |
Depreciation and amortization |  |  |  |  |  | (2,559) |
Finance costs |  |  |  |  |  |
Interest expense |  |  |  |  |  | (865) |
Net return on post-employment benefit plans | 12 |  |  |  |  | 51 |
Impairment of assets | 7 |  |  |  |  | (17) |
Other income | 8 |  |  |  |  | 270 |
Income taxes |  |  |  |  |  | (497) |
Net earnings |  |  |  |  |  | 1,327 |
(1)The chief operating decision maker uses primarily one measure of profit to make decisions and assess performance, being operating revenues less operating costs.
For the six month period ended June 30, 2024 | Note |  | Bell CTS | Bell Media | Inter-segment eliminations | BCE
Operating revenues |  |  |  |  |  |
| External service revenues |  |  | 9,128 |  | 1,372 |  | — |  | 10,500 |
| Inter-segment service revenues |  |  | 14 |  | 165 |  | (179) |  | — |
Operating service revenues |  |  | 9,142 |  | 1,537 |  | (179) |  | 10,500 |
External/Operating product revenues |  |  | 1,516 |  | — |  | — |  | 1,516 |
| Total external revenues |  |  | 10,644 |  | 1,372 |  | — |  | 12,016 |
| Total inter-segment revenues |  |  | 14 |  | 165 |  | (179) |  | — |
Total operating revenues |  |  | 10,658 |  | 1,537 |  | (179) |  | 12,016 |
Operating costs | 5 |  | (5,731) |  | (1,202) |  | 179 |  | (6,754) |
Adjusted EBITDA (1) |  |  | 4,927 |  | 335 |  | — |  | 5,262 |
Severance, acquisition and other costs | 6 |  |  |  |  | (251) |
Depreciation and amortization |  |  |  |  |  | (2,532) |
Finance costs |  |  |  |  |  |
| Interest expense |  |  |  |  |  | (842) |
| Net return on post-employment benefit plans | 12 |  |  |  |  | 33 |
Impairment of assets | 7 |  |  |  |  | (73) |
Other expense | 8 |  |  |  |  | (139) |
Income taxes |  |  |  |  |  | (397) |
Net earnings |  |  |  |  |  | 1,061 |
(1)The chief operating decision maker uses primarily one measure of profit to make decisions and assess performance, being operating revenues less operating costs.
Revenues by services and products | Revenues by services and products The following table presents our revenues disaggregated by type of services and products.
| Three months | Six months
For the period ended June 30 | 2025 | 2024 | 2025 | 2024
Services (1) |  |  |  |
Wireless voice and data | 1,768 |  | 1,788 |  | 3,517 |  | 3,562 |
Wireline data | 2,025 |  | 2,034 |  | 4,039 |  | 4,046 |
Wireline voice | 624 |  | 677 |  | 1,253 |  | 1,360 |
Media (2) | 773 |  | 730 |  | 1,474 |  | 1,372 |
Other wireline services | 77 |  | 79 |  | 156 |  | 160 |
Total services | 5,267 |  | 5,308 |  | 10,439 |  | 10,500 |
Products (3) |  |  |  |
Wireless | 594 |  | 568 |  | 1,218 |  | 1,252 |
Wireline (4) | 224 |  | 129 |  | 358 |  | 264 |
Total products | 818 |  | 697 |  | 1,576 |  | 1,516 |
Total operating revenues | 6,085 |  | 6,005 |  | 12,015 |  | 12,016 |
(1)Our service revenues are generally recognized over time. (2)Includes Crave direct-to-consumer revenues. (3)Our product revenues are generally recognized at a point in time. (4)Included in the three month and six month period ended June 30, 2025 is revenue from a finance lease related to our first artificial intelligence (AI) facility.

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