August 8, 2013 8:06am
Bell reported strong Q2 2013 results this morning. “Backed by continued wireless postpaid strength,” wireless revenues increased by 5.4% to $1,442 million, blended ARPU (average revenue per user) increased 2.7% to $56.85, and the total subscriber base has reached 7,715,641, up 43,566 subscribers from Q1 (Postpaid increased by 96,390, but Prepaid sank 52,824). Bell attributed Q2 results by the continued growth of smartphone adoption and data usage, specifically noting its Bell Mobile TV offering. Smartphones now represent 70% of total postpaid subscribers, up from 55% during the same period last year.
As for other inclusions, Bell noted the successful acquisition of Astral, plus that they ‘want a level playing field‘ and urge “the federal government to close the loopholes in new wireless regulations that favour major US wireless carriers like Verizon.” Finally, Bell’s LTE network now reaches approximately 73% of the Canadian population, and that the relationship with RBC will allow Bell customers who have an NFC-enabled smartphones to make mobile payments, via RBC debit or credit cards, “by the end of the year and are now testing the solution with consumers and merchant customers.”