Bell Canada parent profit rises on strong wireless unit
TORONTO, Feb 7 (Reuters) BCE Inc, parent of Bell uk canada goose outlet Canada and the country biggest telecom provider, reported higher quarterly profit and cheap Canada Goose raised its dividend on Thursday as its wireless and media divisions boosted the bottom line.
But Canada Goose Parka the company, which together with Rogers Communications Inc and Telus Corp dominates the Canadian market, canada goose factory sale said it expected revenue to grow by 2 percent at the most this year, compared with buy canada goose jacket cheap 3 percent growth in 2012. It said it sees earnings for 2013 rising slightly.
For the final quarter canada goose store of 2012, profit was canada goose uk black friday in line with expectations as canada goose strong performances in wireless and media more than offset Bell Canada weaker wireline business.
BCE shares were little changed on Thursday morning, slipping 0.02 percent at C$44.51 on the Toronto Stock Exchange.
Canaccord Genuity analyst uk canada goose Dvai Ghose described the wireless results as very strong and said they indicate that Bell is taking market share from Rogers.
Apple Inc iPhone and smartphones running Google Inc Android operating system sold well through the holiday shopping canada goose black friday sale season, BCE said.
Net postpaid subscribers rose by nearly canada goose clearance sale 144,000, 9 percent more than the net gains in the same quarter last year. Postpaid subscriber figures are watched closely because those customers, who Canada Goose sale often sign multiyear contracts, typically pay more each month than prepaid subscribers.
Churn, the average proportion of subscribers that cancel their service each month, improved to 1.3 percent for postpaid customers, from 1.5 percent canada goose coats on sale a year earlier. Average revenue per user, or ARPU, rose 4.1 percent to C$56.72 a month.
accomplished canada goose clearance a lot in 2012, Chief Canada Goose Jackets Executive George Cope said at the company investor day in Toronto. believe this year we will lead the industry in postpaid canadian goose jacket net adds, wireless Canada Goose Online ARPU growth and EBITDA when all the numbers are in for the year.
MEDIA EARNINGS SOAR In the smaller Black Friday Canada Goose sale media division, earnings before interest, taxes, depreciation and amortization jumped 32.3 percent, helped in part by higher revenue from subscriber fees.
The company Canada Goose Outlet said the National Hockey League player lockout, which Canada Goose online shut down Canada favorite professional league for months, was the biggest factor behind a 6.5 percent drop in the division operating costs.
Advertising revenue slipped canada goose uk shop only 1 percent as marketing dollars shifted to BCE canada goose uk outlet non sports channels.
The company said it may update its financial outlook in the event that its proposed acquisition of Astral Media Inc closes.
BCE is still waiting for regulators to rule on its C$3 billion bid for Astral, its biggest content provider. Broadcast regulators blocked the deal in the fall, but the companies filed a https://www.canadagoosetomall.com revised application in November.
BY THE NUMBERS canada goose coats Fourth quarter net earnings rose Canada Goose Coats On Sale to C$708 million ($710 million), or 91 Canadian cents a share, from C$486 million, or 62 Canadian cents, a year earlier.
The buy canada goose jacket bottom line benefited from a C$248 million noncash gain related to a joint venture with Rogers to bring wireless broadband to remote communities and rural areas.
Excluding that gain and other items, adjusted earnings rose to 65 Canadian cents a share, from 62 Canadian cents a year earlier. Analysts, on average, had expected earnings of 66 Canadian cents a share, according to Thomson Reuters I/B/E/S.
For 2013, BCE expects adjusted earnings per share of from C$2.97 to cheap canada goose uk C$3.03. Restated to reflect a new pension accounting standard, adjusted earnings in 2012 were C$2.96 a share.
The company raised its quarterly dividend 2.6 percent to C$0.5825 a share, over and above a 4.6 percent increase announced in August.