Bell reports operating revenue increased 2.9% in Q2 2022

MONTREAL – BCE Inc. today announced its second quarter 2022 results, showing operating revenues totaled $5.9 billion, an increase of 2.9% compared to the same quarter in 2021. The increase was attributed to higher service revenue of $5.2 billion, a 3.8% increase, “driven by strong wireless, residential Internet and media growth,” a press release says. Product revenue meanwhile “was down 4.6% to $628 million, largely reflecting lower year-over-year business wireline data equipment sales,” the release says. Adjusted EBITDA was reported to have increased 4.6% to $2.6 billion. “Bell’s Q2 financial results continued to demonstrate our disciplined focus on profitable customer...