Bell Aliant to spend $45 million to speed FTTN rollout

HALIFAX – In its 2007 guidance issued this week, Bell Aliant said it plans to accelerate its fibre to the node rollout. Bell Aliant Regional Communications Income Fund ended 2006 with cash reserves of approximately $139 million, of which $35 to 45 million will be used to accelerate its investment in FTTN technology, to improve Internet speeds and enable more customers to access Bell Aliant’s IPTV product, which is still in its infancy. “With our performance in 2006, we have the resources to accelerate our investment in FTTN which will position us to continue our strong growth in Internet and...