May 9, 2013 8:03am
Bell has just announced their Q1 2013 results of $1,409 million, up 6.3% from a year ago ($1,326 million). According to the filing the reason for the large jump was due to the adoption of smartphones, data usage and Mobile TV subscribers, and an “increased proportion of postpaid subscribers from Western Canada.”
The number of subscribers also increased over last year, up 3.6% and now sitting at 7,672,075 – if you include Bell Aliant into the mix the total subs reach 7,815,475. Smartphone usage on Bell’s postpaid side has dramatically increased over the past 12 months by 16% to represent 68% of their subscribers. APRU (Average Revenue Per User) increased 3.9% to $55.92/month.
TELUS reports the Q1 2013 numbers today and it’ll be interesting to see if Bell holds onto the title as being Canada’s second largest wireless carrier.