Cable / Telecom News

Aliant posts flat first quarter

HALIFAX – East coast and rural Quebec and Ontario telco Bell Aliant posted 1.6% increases in revenue and EBITDA to $865.4 million and $355.1 million, respectively, in the first quarter of 2008, as compared to 2007. The company also showed a marked decrease in capital expenditures over the first three months of 2008, spending $95.1 million, 17.5% less than in Q1 2007. “With the completion of the accelerated FTTN build out plan in 2007, Bell Aliant's planned overall capital program for 2008 is approximately $40 million lower than last year. This planned decline in capital spending, combined with winter weather-related...