Stepping up in a year like no other - Financial operations 2020 - 30/04/2021
Bell Canada Enterprises (BCE)
TELECOM/ICT Operators and Service Providers | The Americas | Canada
As the Bell team kept Canada connected in a challenging 2020, we built marketplace momentum with world-class network, service and content innovations for customers while delivering sustainable dividend growth for our shareholders. Strong strategic execution enabled BELL to succeed in the uniquely challenging communications sector of 2020, achieving 96% of 2019 revenue and adjusted EBITDA while also accelerating the capital investment in network expansion and enhancement. Bell Canada Enterprises (BCE) has announced its first positive quarterly revenue and EBITDA growth figures since the beginning of the COVID-19 crisis, with total Q1 2021 sales increasing by 1.2% year-on-year to CAD5.706 billion (USD4.640 billion) and adjusted EBITDA up 0.5% to CAD2.429 billion. Quarterly net profit was down 6.3% y-o-y at CAD687 million.