Cable / Telecom News

Bell revenue increases 3.2% for Q3 2022, record net subscriber adds in wireless

MONTREAL – Bell Canada today announced its third quarter financial results for 2022, reporting operating revenues were up 3.2% year-over-year to just over $6 billion. Adjusted EBITDA meanwhile was reported to be $2.6 billion – a 1.2% increase compared to the same quarter in 2021. In wireless, Bell reported operating revenue grew 7.4% year-over-year to $2.5 billion and adjusted EBITDA increased 7.8% to $1.1 billion. “Bell added a record quarterly 224,343 net postpaid and prepaid mobile phone subscribers, 64.4% higher than 136,464 in Q3 2021,” a press release says. The company reported 167,798 postpaid mobile phone net subscriber activations, which...