Cable / Telecom News

Revenues up, profits down in Q4 at BCE


MONTREAL – BCE saw an uptick in revenue as higher additions in its postpaid wireless business offset a rise in expenses, the company said ThursdayFor the quarter ended December 31, BCE saw operating revenue increase 4.5% to $5.96 billion, led by strong top-line growth at Bell Wireless and Bell Wireline and a favourable financial contribution from the acquisition of MTS that drove 5.1% higher service revenue. This was partly offset by a year-over-year revenue decline at Bell Media due to a soft television advertising market.Net earnings fell 11.7% to $617 million while net earnings attributable to common shareholders dropped 12.5%...