Cable / Telecom News

Revenue, EBITDA rise at Aliant as the telco sells a division

HALIFAX - "I am very pleased with our revenue growth of 2.4% and EBITDA growth of 1.5% that we have achieved in the second quarter," said Stephen Wetmore, outgoing president and CEO of the Eastern and rural Ontario and Quebec telco in a press release on Tuesday. "The success of our productivity initiatives has enabled us to maintain our year-to-date EBITDA margin consistent with that of last year, and will continue to help us going forward." In the second quarter of 2008, ended June 30th, operating revenue increased $19 million (2.4%) compared to the same period a year ago with...