Cable / Telecom News

Bell’s financial results surpass pre-Covid levels for first time since pandemic began

MONTREAL – Bell announced today its first quarter 2022 financial results, which highlight the company’s pandemic recovery and an increase in net earnings of over 30% to $934 million, compared to the same quarter the previous year. The company also reported operating revenues increased 2.5% to $5.9 billion, and adjusted EBITDA increased 6.4% to $2.6 billion. “Bell’s strong Q1 financial performance demonstrated excellent execution by the Bell team across all segments, with consolidated financial results surpassing pre-COVID levels for the first time since the start of the pandemic,” said Glen LeBlanc, chief financial officer for BCE and Bell Canada, in a...