Cable / Telecom News

Bell reports “steady progress”

MONTREAL - Bell Canada Enterprises today reported its fourth consecutive quarter of decreased year-over-year residential line losses, and “steady progress” in the operating performance of its wireless and wireline segments as the highlights of its third quarter results for 2008, which were released today. Bell’s operating revenue increased 1.8% to $3.8 billion over the same quarter last year, and EBITDA is up 2.4% to $1.43 billion over last quarter due to stronger wireless revenues and lower subscriber acquisition costs, combined with relatively stable Bell wireline EBITDA, according to the press release. "This was a quarter of clear progress against Bell's...