Bell sees rapid growth in AI-powered businesses, says CEO
Bell is leaning on artificial intelligence to drive new revenue, and the early numbers are strong. CEO Mirko Bibic told investors that the company’s three AI-powered enterprise units are growing about 60% year-over-year. Overall AI solutions revenue rose 31% in the fourth quarter.
The AI business sits alongside Bell’s ongoing network investments, including fiber expansion, as the company looks for growth beyond traditional telecom services. Bibic framed AI-powered enterprise offerings as a key part of Bell’s strategy to sell higher-margin services to business customers.
More from Market & Business
00:00Market & BusinessGSMA and ITU to co-locate MWC26 Doha and PP-26mobileworldlive.com00:00Market & BusinessMobileX says CONX deal will fund expansion against US Big Threelightreading.com00:00Market & BusinessMTN Group forms Africa Data Hub Holding for Africa data centrestelecompaper.com00:00Market & BusinessCONX seeks FCC approval to buy majority stake in MobileXlightreading.com00:00Market & BusinessOrange Poland Nexera acquisition cleared by European Commissionmobileworldlive.com00:00Market & BusinessCharter Communications closes $34.5B Cox deal and Liberty acquisitionmobileworldlive.com