Cable / Telecom News

Bell Aliant net earnings up 22% in 3Q, revenues down $3 million

HALIFAX - Bell Aliant says earnings increased by nearly 22% or $16 million to $92 million in the third quarter, due in part from lower restructuring costs compared to the previous year. Operating revenues were $697 million, down $3 million (0.4%), compared to the same quarter last year. “We had another productive quarter in Q3 as we further expanded our fibre-to-the-home (FTTH) coverage area and had our best quarter yet for new FibreOP customer additions,” said Karen Sheriff, president and chief executive officer, Bell Aliant. “I am very pleased that more and more customers are coming on board and experiencing our great...