Bell Canada Enterprise and its subsidiary, Bell Canada announced their financial results for Q2 2013, with increased financial guidance for 2013 to reflect the acquisition of Astral, a media company with wide presence in the Canadian television and radio segment. Bell Canada's revenues increased on the back of its 3 major segments - the wireless, wireline and media. Bell is therefore able to offer its subscribers more advanced product bundles that now include media services (such as Fibe TV), Internet fibre and the mobile data. These bundles provide the entire content a subscriber typically requires in the course of the day and is an indicator of the increasing participation by MNOs/CSPs in the content segment. Some of the key highlights in the Bell Canada results include the following:
- Wireless postpaid net activations of 96,390 and 2.7% higher blended ARPU drive wireless service revenue growth of 6.1%; Wireless service margin increases to 45.9%.
- Best-ever Bell Fibe TV net customer activations of 50,555, a 31.4% increase; network access service (NAS) landline losses improve 12.8%.
- Bell EBITDA up 1.5% on Wireless and Media EBITDA growth of 8.9% and 3.3%, respectively, as consolidated Bell EBITDA margin held steady at 39.4%.
- Improving Wireline revenue and EBITDA results as operating mix increasingly dominated by TV and Internet growth services.
"At Bell, we're dedicated to bringing the world's most advanced communications services to Canadians - fast-growing mobile LTE and fibre networks delivering new choices in wireless, TV, Internet, media and business communications. Bell's unmatched investment in Canada's broadband infrastructure, innovative new products, and strong execution by the almost 60,000 members of the Bell national team have resulted in robust financial performance and rapid expansion in our growth services," said George Cope, President and CEO of BCE and Bell Canada. "Increasing smartphone adoption and use of data services like Bell Mobile TV supported strong revenue and EBITDA growth at Bell Wireless. Our rapidly expanding Fibe footprint drove the highest number of Fibe TV customer additions since its launch, as well as growing Internet performance and improvement in our traditional landline business as more customers bundled Bell services." said Mr. Cope.