Bell Aliant reports best annual sales performance since 2008

Canadian telco Bell Aliant has reported its financial results for the year ended 31 December 2013, in which its consolidated annual revenues declined slightly, by 0.1% to CAD2.759 billion (USD2.488 billion), although it announced that this was the best year-on-year revenue performance in the last five years. Consolidated adjusted EBITDA for the full-year fell by 1.7% to CAD1.284 billion, while CAPEX spending was 3.8% lower than in 2012, at CAD570 million compared to CAD592 million. Aliant’s fibre-to-the-home (FTTH) network passed 806,000 premises at end-December 2013, while its fibre internet customers reached 184,000 at that date, after adding 18,000 net new customers in the fourth quarter. Fibre-based IPTV customers grew by a net 16,000 in Q4 2013 to reach 158,000. The FTTH network is expected to pass one million premises by the end of 2014.