September 16, 2010 / 5:51 PM / in 7 years

Bell Canada puts CTV business channel on wireless

TORONTO (Reuters) - Bell Canada made a mobile version of a CTV financial television channel available on its wireless network on Thursday, the first such launch since Bell’s parent, BCE Inc, said last week it would buy CTV, Canada’s largest private broadcaster.

Business News Network (BNN) will join Bell Mobile TV, which also shows sports, news and entertainment videos for a subscription of C$8 per month plus data charges.

“BNN is a trusted source of news for financial professionals who need to stay in the know and Bell Mobility will give them live access to the best business channel 24/7,” Bell Mobility president Wade Oosterman said.

BCE said last week it would pay C$1.3 billion ($1.26 billion) for the 85 percent of CTV it doesn’t already own as it bets on rising use of video on smartphones and tablet devices.

It was not immediately clear if Bell plans to sell BNN content to other carriers pushing mobile video platforms.

BCE’s CTV purchase follows a similar deal earlier this year in which cable provider Shaw Communications Inc agreed to buy the television operations of Canwest Global Communications for C$1.2 billion.

Videotron, the cable arm of media group Quebecor, launched a 3G wireless service in the French-speaking province of Quebec last Thursday.

($1=$1.03 Canadian)

Reporting by Alastair Sharp; editing by Peter Galloway

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