Bell Canada mimics the miserable momentum of its telco counterparts south of the border

Michael Harris

August 11, 2008

1 Min Read
D'oh, Canada!

11:20 AM -- At least that's what Homer Simpson might say about BCE Inc. (Bell Canada) (NYSE/Toronto: BCE)'s second quarter broadband Internet results.

Mimicking the miserable momentum of its U.S. telco counterparts, Bell Canada lost 1,000 broadband Internet customers in the period, compared to a gain of 29,000 subscribers in the year-ago quarter. (See Gorillas Endangered.)

Canadian cable MSOs fared far better.

Vidéotron Telecom Ltd. added a healthy 23,600 broadband Internet customers in the quarter, compared to 26,000 a year ago. Rogers Communications Inc. (NYSE: RG; Toronto: RCI) trailed with 13,000 broadband Internet additions in the second quarter, down from 21,000 a year ago. Shaw Communications Inc. added 23,815 broadband Internet customers in its latest fiscal quarter, which ended May 31.

— Michael Harris, Chief Analyst, Cable Digital News

Subscribe and receive the latest news from the industry.
Join 62,000+ members. Yes it's completely free.

You May Also Like