iPhone in Canada Blog - Canada's #1 iPhone Resource: Bell 2012 Q1: Wireless Earnings Grew 13% to $521 Million Thanks to Smartphones

iPhone in Canada Blog - Canada's #1 iPhone Resource iPhone News and Tips for Canadian iPhone Users // via fulltextrssfeed.com

Bell 2012 Q1: Wireless Earnings Grew 13% to $521 Million Thanks to Smartphones May 4th 2012, 11:55 By Gary Ng on May 4th, 2012 0 Yesterday, Bell announced their 2012 Q1 earnings. Their wireless division EBITDA (earnings before interest, taxes, depreciation, and amortization) increased 13% to $521 million, thanks to revenue growth of 5.5%. Bell activated 62,576 postpaid customers and smartphone adoption continued to rise, representing 52% of total postpaid subscribers. This was an increase of 34% compared to the year ago quarter. In contrast, Rogers acquired 47,000 postpaid subscribers but 60% of these users were smartphone owners. Increased smartphone adoption resulted in higher mobile data revenue growth of 31% (Bell Mobile TV helped data revenue growth) and blended ARPU (average revenue per user) at $53.84. CEO of BCE, George Cope: "In Q1, we increased our smartphone customers and mobile data revenue significantly as we continued to roll out our new 4G LTE mobile network and enhance our industry-leading Bell Mobile TV service," Overall profit increased 14% for BCE to $574 million, based on $4.9 billion in revenue, which also rose almost 10% compared to the year ago quarter. Gary Ng Founder and Editor-in-Chief of iPhoneinCanada.ca. Follow @iPhoneinCanada and on Google+. Click here to save 20% OFF at ZAGG.com with coupon 'iphoneinca'!

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions