Source: https://www.bce.ca/news-and-media/newsroom

his 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.

• 1.3% consolidated revenue growth delivered 1.5% higher adjusted EBITDA¹
• Net earnings of $4,555 million, up $5,746 million with net earnings attributable to common shareholders of $4,502 million, or $4.84 per common share; 6.5% increase in adjusted net earnings¹ of $733 million drove adjusted EPS¹ of $0.79, up 5.3%
• Free cash flow¹ increased 20.6% to $1,003 million; cash flows from operating activities up 3.9% to $1,914 million
• Wireless improvement continues: postpaid churn² down 0.15 points to 1.13% – second consecutive quarter of year-over-year improvement; sequential improvement in year-over-year blended average revenue per user (ARPU)^3,4,5,6
• 26,111 total retail high-speed Internet net subscriber activations², including through Ziply Fiber, contributed to 11.2% Internet revenue growth
• Crave subscriptions are at 4.3 million, as of early October 2025, driven by strong direct-to-consumer streaming growth
• Strong contribution from acquisition of Ziply Fiber on August 1, 2025

MONTRÉAL, Nov. 6, 2025 /CNW/ – BCE Inc. (TSX: BCE) (NYSE: BCE) today reported results for the third quarter (Q3) of 2025.

“Bell continues to deliver on its four strategic priorities – put the customer first; deliver the best fibre and wireless networks; lead in enterprise with AI-powered solutions; and build a digital media and content powerhouse – and this resolute focus is yielding results,” said Mirko Bibic, President and CEO, BCE and Bell Canada.

“BCE saw its consolidated revenue grow by 1.3%, delivering 1.5% higher adjusted EBITDA year-over-year. Net earnings also increased for a total of $4,555 million, with net earnings attributable to common shareholders of $4,502 million. This represents $4.84 per common share and is in addition to 20.6% growth in BCE’s free cash flow.

This is also the first quarter of reporting on Ziply Fiber in our new Bell CTS U.S. segment and they are yielding positive results with $160 million of operating revenue and $71 million of adjusted EBITDA, corresponding to a margin⁷ of 44.4%.

 

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