HALIFAX – Earnings at Bell Aliant fell sharply as the company continues to focus on expanding its fibre-to-the-home network known as FibreOp.Net earnings for the three months ended March 31 2011, were $84.1 million, a significant decrease from $301.3 million in the prior-year period, while EBITDA dropped from $339 million to $329 million as a result of lower revenues and the increase in pension current service costs. Operating revenue was $682 million, down from $689 million as growth in Internet and TV revenues was more than offset by declines in local and long distance revenues.President and CEO Karen Sheriff described the...
