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0.00130548302872068 0.0015230635335074 0.00131853785900785 0.000870322019147066 -0.000652741514360338 0.00478677110530894 0.00826805918189736 0.00826805918189736
Stock impact report

BCE revenue flat as focus shifts to emerging divisions and debt repayment [Globe and Mail, The (Toronto, Canada)]

BCE, Inc. (BCE) 
Last bce, inc. earnings: 2/6 07:00 am Check Earnings Report
US:NYSE Investor Relations: bce.ca/investors/investoroverview
Paul Chiasson/The Canadian Press Telecom and media company BCE Inc. BCE-T increase posted flat revenue and fewer mobile customers compared to last year, as it focuses on funding emerging divisions and paying down debt. The company reported third-quarter revenue of $6-billion, up 1.3 per cent from last year and in line with analyst consensus. In the quarter, the company added 11,500 new postpaid mobile customers, down 65 per cent from last year, and 56,500 prepaid mobile customers, down 18 per cent. Analysts had expected 28,000 net postpaid and 55,000 net prepaid adds. Internet additions were 21,400, down from 42,000 last year, reflecting aggressive promotional offers by competitors offering cable, wholesale fibre, fixed wireless and satellite internet services. The company's legacy businesses continue to decline. Bell lost 16,100 video customers during the quarter, and saw its advertising revenue decline 11.5 per cent. Average revenue per user – a metric used in the indu Show less Read more
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