BCE Q1 net profit rises 6.6% to $566 million

MONTREAL – BCE ended its first quarter of 2013 with strong revenues and profits, driven by growth in wireless, TV, Internet, media and business services such as data hosting and cloud computing. Net profit increased by 6.6% to $566 million, with an 11.6% increase in earnings per share to $0.77, compared to the first quarter of 2012. Bell’s operating revenues increased 0.3% to $4.34 billion, driven by an increase in service revenues of 1.3%. Bell EBITDA increased 2.1% to $1.64 billion, driven by strong EBITDA growth of 11.6% at Bell Wireless and 21.0% at Bell Media, moderated by a 4.5%...