Cable / Telecom News

Aliant rebounds in ’05

SAINT JOHN - Consolidated revenues for 2005 at Aliant were up 3.1% year over year and net income increased 52.6% to $199.4 million for the twelve-month period ended December 2005. The return to normal business operations in 2005, after the labour disruption of 2004, was a major contributor to the 60.4% growth in earnings per share (EPS) of $1.46 versus $0.91 the previous year. “Revenue growth in the wireless and Internet businesses and diligent expense management also contributed to the growth in revenues and earnings,” says the press release. "This has been a very solid year for the company as...