Friday, May 8, 2009

Canada's BCE Slips Slightly

BCE, Canada's largest telecoms company, said that operating revenues in the first quarter decreased by 0.5% year-on-year to 3.62 billion Canadian dollars (3.1 billion US dollars) as growth in wireless, video, and data revenues were offset by declines in local and access, long distance, and equipment revenues.

Capital spending declined 6% year-on-year to 482 million Canadian dollars despite BCE's rollout of more fibre and its plans to launch HSPA services in 2010. source: BCE statement

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