Cable / Telecom News

Wireless gains lift Q3 profits at BCE


MONTREAL – BCE credited growth in wireless postpaid subscribers as well as new Internet and IPTV customers for a 1.1% increase in third quarter net earnings.The company said Thursday that net earnings and net earnings attributable to common shareholders for the period ended September 30 totalled $800 million and $752 million, up 1.1% and 1.8% respectively from $791 million and $739 million last year. These year-over-year increases were due to growth in operating revenue that drove higher adjusted EBITDA and lower severance, acquisition and other costs, partly offset by higher other expense.  Adjusted net earnings dipped 0.8% to $784 million compared...