Cable & Telecom

New wireless subscriptions power Q3 profits at BCE

MONTREAL – BCE reported an influx of new wireless postpaid customers in its third quarter, which it said helped to lift both revenues and profits for the period.The Montreal-based company said Thursday that net earnings increased 2.1% to $817 million while net earnings attributable to common shareholders grew 2.4% to $770 million due to growth in operating revenue that drove higher adjusted EBITDA as well as lower income taxes, partly offset by increased net depreciation and amortization expense and higher interest and other expense.  Excluding severance, acquisition and other costs, net losses or gains on investments, impairment charges and early...
 

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.