Cable / Telecom News

Aliant announces final quarterly results

SAINT JOHN – With the new income trust, Bell Aliant Regional Communications (BARC), in place, the second quarter financial results of its predecessor, Aliant Inc. were announced today. Oddly, the company's television service – which has been operational in Halifax for more than a year and has been rolled out elsewhere down east did not rate even a mention in the press release. Consolidated revenues were up 3.7% for the quarter ended June 30th to $534.3 million compared to last year's Q2 and net income was up 6.9% to $53.2 million for the same period. Revenues of the telecommunications segment were up...