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Bell Canada’s turnover creeps up 0.3%

10 May 2013

Quadruple-play national operator Bell Canada has reported a slight year-on-year increase in its first-quarter revenues, which grew by 0.3% to CAD4.348 billion (USD4.334 billion) in the three months ended 31 March 2013, driven by an increase in service revenues of 1.3%, reflecting growth in wireless, TV, internet, media and business services such as data hosting and cloud computing. EBITDA increased 2.1% to CAD1.641 billion, driven by EBITDA growth of 11.6% at Bell’s mobile division and 21.0% at Bell Media, moderated by a 4.5% decline in wireline EBITDA. Bell Canada’s consolidated EBITDA margin expanded to 37.7% in Q1 2013 from 37.1% in 1Q12, due to strong wireless revenue flow-through, diminishing wireline voice erosion, subsiding wireline costs related to the growth of Bell’s ‘Fibe TV’ IPTV customer base, and continued wireline operating cost savings.

Canada, Bell Canada Enterprises (BCE), Bell Mobility (old)

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