Cable / Telecom News

2006: The year of the “tipping point” for BCE

MONTREAL – With 51% of company revenues now coming from the "growth" services sides of the business (video, data, wireless) – as opposed to the legacy side (local wireline, long distance), the last quarter of 2006 could well prove to be Bell Canada's "tipping point" back to stability and development, said CEO Michael Sabia. "This was another quarter of steady progress in what has been a year of continuing improvement in our financial performance," said Sabia. "The ramping up of our EBITDA growth, an improving business mix, very strong performance on cost reduction, and our expectation that we will see...