Cable & Telecom

Profits climb more than 25% at BCE

MONTREAL – Growth in its wireless division helped to fuel a more than 25% jump in profits at BCE, the telco giant reported Thursday.Net earnings in the fourth quarter were $439 million, up 25.4% from $350 million in the same period last year, however, overall revenue was flat, growing by just 0.7% from $4.65 billion to $4.68 billion.Bell's operating revenues were up 0.9% this quarter, as higher wireless and TV revenues more than offset declines in local and access, long distance, wireline data and equipment and other revenues. For the full year, Bell's operating revenues were $15,425 million, an increase of 2.7%...
 

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.