Cable / Telecom News

BCE talks earnings, Gigabit Fibe, CraveTV

MONTREAL — BCE Inc. released its second quarter 2015 results Thursday morning, reporting $759 million in net earnings attributable to shareholders, a very healthy 25.2% increase over the $606 million BCE earned in Q2 2014.The significant jump in BCE’s Q2 2015 net earnings attributable to shareholders was partly due to higher adjusted EBITDA (earnings before interest, taxes, depreciation and amortization), reduced non-controlling interest as a result of Bell Aliant’s privatization in Q4 2014, as well as a $94-million gain on investments related to BCE’s sale of its 50% stake in Glentel Inc. to Rogers Communications (completed in May), BCE explained...