Bell Aliant revenue down 4% in Q2'10
Wednesday, July 28, 2010
By: Matt Stump
View Company Profile
Bell Aliant posted a 4% drop in revenue and a 2.8% decline in EBITDA in its Q2 ’10 earnings report.
Revenue fell to $753 million from $784 million and EBIDTA dropped to $357 million to $367 million.
The company did see some improvement in landline losses on the business side, 2,118 versus a loss of 11,243 a year ago. But residential landline losses worsened to 21,411 from 20,437 a year ago.
HSD additions were down to 7.705, from 11,044 last year.
The company added 3,000 IPTV subs in the quarter, on par with previous quarters. Total IPTV subscribers number 39,000. The company’s FTTH initiative now passes 74,000 homes.
Wireless additions improved to 4,178, from 2,958 a year ago.