Cable / Telecom News

Wireless leads Bell’s Q1

MONTREAL – Revenue may have been flat for the first quarter (up just 1%) but overall EBITDA, as well as good wireless results, drove BCE Inc., the parent company of Bell Canada, to a solid first quarter of 2011.Total EBITDA grew 6.4% while wireless operating revenues rose 9.2%, wireless EBITDA increased 12.2% and EBITDA margins increase to over 40% Wireless postpaid net additions in the quarter ended March 31st were 80,648 and smartphones represented 55% of gross postpaid activations. Blended wireless ARPU (average revenue per subscription) increased by $1.61 to $51.68, reflecting strong data revenue growth of 38% driven by...