Bell Aliant to increase broadband capex in '09

HALIFAX - Bell Aliant today announced its 2009 financial guidance, saying it expects to “significantly improve cash flow generation by implementing a more targeted approach to capital spending, resetting its cost structure and increasing profitability. "Our 2009 business plan and new, more nimble organizational structure that we announced in January builds on our strengths, and accelerates our ability to deliver results in more competitive and sustainable ways," said Karen Sheriff, president and CEO, in the press release. "We are strengthening our customer relationships through service improvements and enhancing the overall experience they have with us. As part of our 2009...