Wireless increase helps BCE profits

MONTREAL – Bell Canada reported a higher third quarter profit Wednesday as a result of overall revenue improvements spurred by a record quarter in wireless activations as well as cost reductions. With work continuing towards completion of the privatization deal with the consortium led by Ontario Teachers Pension Plan, BCE reported net earnings of $440 million (CDN), or 50 cents a share, up from $302 million, or 36 cents a year for the same period a year ago. “Bell continued to make progress on two fronts this quarter, moving towards the completion of the privatization transaction and delivering steadily improving...