Cable / Telecom News

Strike leads to BCE quarterly hit, but multi-product homes still growing

MONTREAL – Faced with a backlog of 50,000 work orders when its striking technicians came back to work in July after a strike, Bell Canada Enterprises made the decision to keep 1,000 workers it hired during the strike through the summer to help deal with the situation.That decision, along with a few others, said BCE CEO Michael Sabia, led to a short-term financial hit for the company in the third quarter, ended September 30th. The company still earned a buck or two though. For the third quarter of 2005, BCE reported revenues of $5 billion, up 3.6% from the same...