Unifor Local 1996-O

  • About Us
  • Organizing
  • Your Rights
  • Resources
  • News
  • Contact Us
  • Offers and Discounts
  • “Listen Up”
  • Gallery
  • 1996-O Branded Apparel
  • Member Information
  • Equity Committee

November 11, 2022 by 1996-O Executive

BCE reports third quarter 2022 results

Source: https://www.bce.ca/news-and-media/releases?page=1&month=&year=&perpage=25

This news release contains forward-looking statements. For a description of the related risk factors and assumptions, please see the section entitled “Caution Regarding Forward-Looking Statements” later in this news release. The information contained in this news release is unaudited.

  • Leading advanced mobile and fibre networks delivered record 401,132 total broadband net customer activations — 224,343 mobile phone, 49,044 mobile connected devices; 89,652 retail Internet and 38,093 IPTV — up 50.3% y/y
  • 3.2% consolidated revenue growth delivered 1.2% higher adjusted EBITDA1 as $38 million in storm and inflationary cost pressures2 absorbed in the quarter
  • Net earnings of $771 million, down 5.2%, with net earnings attributable to common shareholders of $715 million, or $0.78 per common share, down 6.0%; adjusted net earnings1 of $801 million generated adjusted EPS1 of $0.88, up 7.3%
  • Excellent wireless operating results: strong revenue and adjusted EBITDA growth of 7.4% and 7.8%, respectively; best-ever mobile phone net subscriber activations of 224,343, up 64.4%; lowest Q3 postpaid churn3 rate of 0.90%; and 2.2% higher mobile phone blended ARPU4
  • Highest retail Internet net activations in 17 years, up 36.3% to 89,652, drove 8% residential Internet revenue growth; on track to complete 80% of broadband Internet buildout plan by end of 2022
  • Bell Media digital revenue5 up 40% contributing to stable total media revenue as advertiser spending slows due to macroeconomic conditions
  • Reconfirming all 2022 financial guidance targets

Share this:

  • LinkedIn
  • Email
  • Facebook
  • Twitter

Filed Under: Uncategorised

Search

More News

  • 2025 Scholarship Application period is OPEN!
  • Unifor calls for swift action as GM cuts shift due to tariffs
  • Nursing Week 2025 Statement
  • Unifor members organize against bloated executive compensation at BCE AGM
  • Statement on tragedy at Vancouver Lapu-Lapu Day festival

Stay up to date!

Get timely updates from Local 1996-O in your inbox.

Follow us on Twitter

My Tweets
LOCAL MEETINGS

More Local News

  • 2025 Scholarship Application period is OPEN!

Unifor 1996-O

Unifor 1996-O
Follow @unifor1996wire

Local News in Your Inbox

Sign up for the latest from Local 1996-O in your inbox!

  • About Us
  • Organizing
  • Your Rights
  • Resources
  • News
  • Contact Us
  • Offers and Discounts
  • “Listen Up”
  • Gallery
  • 1996-O Branded Apparel
  • Member Information
  • Equity Committee
© 2025 Unifor 1996-O. All rights reserved.
Back to top
loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.