Friday, 22 September 2017

Profits grow at Canada's BCE

By Mary Lennighan, Total Telecom
Thursday 04 August 16

Telco reports improved postpaid customer mix and growth in ARPU at mobile business.

BCE on Thursday reported earnings growth in the second quarter of the year, driven by higher revenues and lower costs. The Canadian telco's operating revenues for the three months to the end of June reached C$5.34 billion, up 0.3% on the previous year, while adjusted EBITDA grew by 3.2% to C$2.27 billion. Net earnings attributable to shareholders increased by 2…

BCE on Thursday reported earnings growth in the second quarter of the year, driven by higher revenues and lower costs. The Canadian telco's operating revenues for the three months to the end of June reached C$5.34 billion, up 0.3% on the previous year, while adjusted EBITDA grew by 3.2% to C$2.27 billion. Net earnings attributable to shareholders increased by 2…

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