Cable / Telecom News

Bell to stay the course on capex, wants 3.5 GHz auction to proceed

CEO says Bell is set to launch 5G, but it’s not the right time By Greg O'Brien MONTREAL – Taking into account the Covid-19 crisis so far, there was nothing unexpected in Bell Canada’s first quarter of 2020 – and company executives told investors and analysts today it plans to continue to with its capital expenditures this year. “Despite the impacts of Covid-19, Bell delivered positive service revenue and adjusted EBITDA growth in Q1, supported by ongoing broadband wireless, Internet and IPTV subscriber base expansion and a 2.6% reduction in total operating costs,” said company CFO Glen LeBlanc in this...