Bell Canada International Appoints New Chairman and Vice-Chairman of Colombian Cellular Subsidiary.MONTREAL--(BUSINESS WIRE)--April 16, 1999-- BELL (Nasdaq:BCICF) (ME:BI.) (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :BI.) Mr. Derek Burney, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Bell Canada International Inc. ("BCI BCI Bat Conservation International BCI Brain-Computer Interface BCI Business Continuity Institute BCI Business Cycle Indicators BCI Banco de Credito e Inversiones (Chilean bank) BCI Bell Canada International "), today announced the appointments of Mr. Louis A. Tanguay, President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of BCI, as the non-executive Chairman of BCI's Colombian cellular subsidiary, Comcel S.A. ("COMCEL"), and of Mr. Serge Rouleau rouleau /rou·leau/ (roo-lo´) pl. rouleaux´ [Fr.] an abnormal group of red blood cells adhering together like a roll of coins. rouleau pl. rouleaux [Fr.] a roll of red blood cells resembling a pile of coins. , BCI's Vice-President, Wireless, as Vice-Chairman and Special Advisor to Mr. Peter H. Burrowes, President and Chief Executive Officer of COMCEL. Messrs. Tanguay and Rouleau currently serve as BCI's representatives on the COMCEL Board of Directors. Mr. Rouleau served as COO of COMCEL on secondment Noun 1. secondment - a speech seconding a motion; "do I hear a second?" endorsement, indorsement, second agreement - the verbal act of agreeing 2. from BCI during the start up of the Company, from July 1994 to December 1995. In announcing these appointments, Mr Burney noted, "COMCEL's performance is important to BCI. These additional duties for Messrs. Tanguay and Rouleau reflect our intention to support management and to optimize the efficient integration into COMCEL of its recently acquired subsidiary, Occel (Occidente y Caribe Celular S.A.)." Mr. Burrowes, President and CEO of COMCEL, welcomed the appointments saying, "I intend to make full use of the experience and expertise of Mr. Tanguay and Mr. Rouleau in sustaining COMCEL's leadership position in the Colombian cellular industry." Owned 49.9 percent (49 percent on a fully diluted basis) by BCI, Comcel S.A. and its 68.4 percent-owned subsidiary (65 percent on a fully diluted basis), Occel, provide mobile and fixed wireless communications services to 725,000 subscribers in the Western and Eastern regions of Colombia, including the capital city of Bogota. BCI is a leading provider of telecommunications services in markets outside of Canada. The corporation owns, develops and operates telecommunications systems with a focus on the wireless sector. A subsidiary of BCE BCE abbr. 1. Bachelor of Chemical Engineering 2. Bachelor of Civil Engineering BCE Abbreviation for before the Common Era. Inc., Canada's largest communications company, BCI is listed on the Montreal and Toronto stock exchanges under the symbol BI, and on the NASDAQ National market under the symbol BCICF. Visit BCI's web site at www.bci.ca |
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