The government is evaluating Huawei's role after allies including the United States, Australia and New Zealand blocked it from 5G networks over fears the Chinese government could use its equipment for espionage.
BCE chief executive George Cope told analysts on a conference call that the company "clearly recognizes the issues at play" in regards to Huawei Technologies Inc. and is prepared to manage the situation as it unfolds.
BCE has a wireless network-sharing agreement with Vancouver-based Telus Corp., which has also used Huawei equipment in its radio network.
The Canadian government's cybersecurity review is expected to take a few more months, but some analysts believe a Huawei ban is getting more likely.
Over the past year, the USA has led a global campaign against the use of Huawei equipment and Canadian intelligence allies Australia and New Zealand have already imposed restrictions on the company's gear in 5G.
Cope, however, attempted to assuage any concerns in the investment community when he addressed analysts Thursday.
"If there was a ban, or if we chose a different supplier than Huawei for 5G, we're quite comfortable all of those developments would be addressed within our traditional capital intensity envelope", Cope said.
He added that the outcome of the decision won't "in any way impact our timing in the market for 5G".
It also comes as Huawei faces heightened scrutiny around the world.
That was down from $656 million of net income attributable to common shareholders or 72 cents per share for the fourth quarter of 2017.
Excluding items, BCE earned 89 Canadian cents per share, beating average analysts' estimate of 86 Canadian cents, according to Refinitiv data.
BCE Inc. says its fourth-quarter profit fell compared with a year earlier, as an asset writedown and other expenses offset higher revenue for the telecommunications and media company. In comparison, Rogers added 112,000 net new postpaid subscribers in the same quarter. Mr. Cope emphasized that swing from negative to positive after the company's launch of the low-priced Lucky Mobile wireless brand in December, 2017.
Bell reported revenues up 3 percent from the year before to CAD 6.2 billion, with adjusted EBITDA going 2.8 percent higher to CAD 2.394 billion and free cash flow jumping 56.7 percent to CAD 1.022 billion.
BNN Bloomberg is a division of Bell Media, which is owned by BCE.