Bell takes CRTC to task over its financial reporting

TORONTO – Bell Canada had some strong words for the CRTC on the way it reported the financial results of Canadian broadcasting distributors and conventional television stations last month.In a letter addressed to CRTC chair Konrad von Finckenstein dated March 29, Bell accused the Commission of not reporting the industry's financial data “in a factual and complete manner”, and offered its recommendations on how to do so.According to Bell, the primary profitability measure reported by the Commission, profit before interest and taxes (PBIT), does not take into account the yearly capital investments that BDUs make.“Nowhere is it reported that DTH providers...