Wireline losses slow at Bell but wireless growth stalls

MONTREAL – More cost cutting and fewer than expected losses in its traditional wireline business led to a "steady" first quarter for Bell Canada Enterprises, the company announced this morning. NAS losses in the quarter, ended March 31, 2007, slowed by 20% compared to Q1 2006. "Once again, we were able to deliver solid EBITDA growth and that contributed to an increase in earnings per share," said Michael Sabia, president and CEO. "Overall, our wireline services held their own against competitors this quarter. There was less erosion in our local and long distance revenues and we had good performance in...