Bell Aliant forges ahead with FTTH as profits hit $80M

HALIFAX – Bell Aliant reported an $80 million profit on the strength of its fibre-to-the-home network and an increase in television customers. Operating revenues for the fourth quarter ended December 31, 2011 were $701 million, down 2% when compared to the same quarter of 2010, the company said Tuesday. However, fourth quarter 2010 revenues included out-of-the-ordinary favourable adjustments related to contribution revenues and pole attachment fees, and "unusually strong" product sales. Excluding these adjustments, fourth quarter 2011 revenues were flat compared to the same period last year, with growth in Internet and TV revenues offsetting declines in local and long...