Cable / Telecom News

Wireless strength drives BCE revenue growth in Q2 2017

MONTREAL — BCE’s strong performance in the wireless market in its most recent fiscal quarter helped to offset softening gains in its wireline business, enabling the company to meet analysts’ growth expectations for both its overall revenue and wireless subscriber increases.BCE reported operating revenues of $5.7 billion in the second quarter of 2017, up 6.7% from $5.34 billion in the same quarter last year. The company’s adjusted EBITDA was $2.38 billion in Q2 2017, representing a 5% increase from its adjusted EBITDA of $2.69 billion in Q2 2016.These results were in-line with street expectations, according to a “first look” analysis...