Bell wireless business drives BCE’s Q1 revenue growth, net profit rises 12% - News Summed Up

Bell wireless business drives BCE’s Q1 revenue growth, net profit rises 12%


Bell CEO George Cope said two other important metrics used in the wireless industry — churn and average revenue per user — moved in the right direction during the quarter. Its Bell wireline business, which includes residential internet and TV service, increased its revenue by 1.8 per cent to $3.06 billion. Meanwhile its Bell Media business, which includes CTV, radio stations and specialty TV channels, saw operating revenue slipped 0.5 per cent to $745 million. BCE’s net profit amounted to $740 million attributable to common shareholders or 82 cents per share. Analysts had estimated 78 cents per share of adjusted earnings and $5.71 billion of total operating revenue, according to Thomson Reuters Eikon.


Source: thestar May 02, 2019 11:48 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */