Cable & Telecom

BCE credits wireless performance for 12% lift in Q1 profits

MONTREAL – BCE said Thursday that its “strong wireless execution” in the first quarter of 2019 helped to generate gains in revenues and profits.For the period ended March 31, 2019, BCE saw operating revenues increase 2.6% to $5.73 billion. Service revenue grew 1.6% to $5.05 billion and product revenue increased 10.1% to $689 million, which the company said reflects increases at Bell Wireless and Bell Wireline, partly offset by a slight year-over-year revenue decline at Bell Media.Net earnings jumped 11.6% to $791 million and net earnings attributable to common shareholders grew 12.0% to $740 million.  Higher net earnings and net earnings per common...
 

Our industry and COVID-19

We've gathered a number of links where Canadian cable, radio, television, telecom and wireless companies have posted their responses to the Covid-19 pandemic.