TeleGeography Logo

BCE fourth quarter net income down on flat revenues

7 Feb 2008

Canadian telco BCE has reported that fourth quarter earnings fell 3% as revenue growth at subsidiaries Bell Canada and Bell Aliant was offset by lower sales from Telesat and higher restructuring costs. The company, currently in the midst of a proposed takeover by an investor group led by the Ontario Teachers’ Pension Plan, said that quarterly operator income slipped to CAD727 million (USD722 million), down from CAD752 million a year ago, on the back of largely unchanged total revenues of CAD4.6 billion. Despite some doubts surfacing over whether the investor group can raise the money for the CAD52 billion takeover, BCE said yesterday that it expects the transaction to close in April 2008.

Canada, BCE (old)

GlobalComms Database

Want more? Peruse the GlobalComms Database—the most complete source of intel about mobile, fixed broadband, and fixed voice markets.


TeleGeography is the definitive source for telecom news, numbers, and analysis. Explore the full research catalog.