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

BCE reports third quarter 2019 results

• Record Q3 wireless net additions of 204,067, up 14.8%, combined with ABPU growth of approximately 1% and a reduction in postpaid churn to 1.12%, delivered stronger wireless revenue growth of 3.5% and 7.9% higher adjusted EBITDA
• 293,950 total wireless, retail Internet and IPTV net customer additions, up 4%
• 89,883 total retail Internet and IPTV net additions; 50 basis-point improvement in Bell’s leading wireline margin to 2%
• Continued strong Bell Media financial performance with revenue up 7% and 24.2% increase in adjusted EBITDA
• BCE adjusted EBITDA up 5.6% on strong year-over-year growth at all Bell operating segments, driven by 8% higher revenue and IFRS 16 impact
• Net earnings grew 3% to $922 million; net earnings attributable to common shareholders increased 6.5% to $867 million, or $0.96 per common share, up 6.7%; adjusted net earnings of $820 million generated adjusted EPS of $0.91, down 5.2%

Cash flows from operating activities increased 10.5% to $2,258 million; free cash flow up 17.3% to $1,189 million

Read the report here…