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Cable & Telecom

November 1, 2013 9 years ago

Dip in profits contributes to “softer” third quarter at Bell Aliant

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HALIFAX – Despite growth in its fibre-to-the-home product FibreOp, a drop in Bell Aliant’s profits resulted in “softer” third quarter results. Bell Aliant Inc. reported net earnings of $81 million for the third quarter ended September 30, 2013, down $7 million from the third quarter of 2012. Operating revenues of $695 million decreased 0.4% from the same quarter last year as growth in TV, Internet, other data, wireless and other revenues were offset by declines in local and long distance revenues. Operating expenses of $368 million in the period were up 1.4% year-over-year, largely due to growth in TV content, marketing...
 

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Our industry and COVID-19

We've gathered a number of links where Canadian cable, radio, television, telecom and wireless companies have posted their responses to the Covid-19 pandemic.