Bell had another quarter of strong earnings.
According to its Q3 2017 results, Bell’s revenues for the three months topped $2.040 billion, which is a year-over-year increase of 10.4 percent. This huge increase was once again attributed to “higher-rate plans with accelerating data usage,” and additional revenues from its recent acquisition of MTS.
Bell crossed a milestone in regards to subscriber numbers, now accumulating a total of 9,008,273 across Canada. As of September 30, 2017, Bell postpaid customers reached 8,243,446, which is an increase of 8.8 percent from Q3 2016. Prepaid customer continued to drop but still accounted for 764,827 of the total subscriber base.
Postpaid customer churn improved 0.10 percentage points to 1.16 percent. Similar to its competitors, blended ARPU (Average Revenue Per User) was $69.78, which represents an increase of 3.0 percent from the same period in 2016.
Bell notes that its LTE network now reaches 99 percent of Canadians.