Re: Bell reports record income growth, reduced investment. in Bell Sympatico http://www.dslreports.com/forum/r20449294 en Thu, 21 Aug 2008 08:13:29 EDT Thu, 21 Aug 2008 08:13:29 EDT Re: Bell reports record income growth, reduced investment. http://www.dslreports.com/forum/remark,20449294 j3richo : oof, from 29k to 10k in a quarter, this probably explains why they've started throttling wholesale, guess too many people jumped ship]]> http://www.dslreports.com/forum/remark,20449294 Wed, 07 May 2008 23:46:40 EDT Re: Bell reports record income growth, reduced investment. http://www.dslreports.com/forum/remark,20449220 travisc : The do mention wholesale at some point in the analysis of the wireline Internet results, so I'm pretty sure the Nexxia stuff is buried in there under wireline.]]> http://www.dslreports.com/forum/remark,20449220 Wed, 07 May 2008 23:31:14 EDT Re: Bell reports record income growth, reduced investment. http://www.dslreports.com/forum/remark,20446837 alan4home : I think the wholesale numbers would be reported through Bell Nexxia, which (I think) is a separate subsidiary of BCE.

»www.bcenexxia.ca/wholesale/produ···gate.htm

I'm not sure it's part of Bell Canada. I certainly can't find any mention of it on the Bell Canada website. I believe it's headquartered in the US. ]]> http://www.dslreports.com/forum/remark,20446837 Wed, 07 May 2008 16:14:46 EDT Re: Bell reports record income growth, reduced investment. http://www.dslreports.com/forum/remark,20446556 travisc : No, you're right. As I say, I'd love to know what the breakdown of retail (Sympatico) vs. wholesale (Teksavvy et al) is.]]> http://www.dslreports.com/forum/remark,20446556 Wed, 07 May 2008 15:29:58 EDT Re: Bell reports record income growth, reduced investment. http://www.dslreports.com/forum/remark,20445791 alan4home : Here's an interesting set of numbers from the supplementary financial information posted on BCE's website:

»www.bce.ca/en/investors/financia···results/

Look at the numbers for net high speed internet activations at the bottom. Looks like a considerable reduction for Q1 2008, unless I've missed something in the fine print.

Click for full size
]]> http://www.dslreports.com/forum/remark,20445791 Wed, 07 May 2008 13:18:58 EDT Re: Bell reports record income growth, reduced investment. http://www.dslreports.com/forum/remark,20445225 BryceS :
said by CanadianIron See Profile :

I also liked how they were putting a positive spin on their fleeing land line customers:

" "In our wireline business, this is the first quarter in over two years that operating revenues have held steady," said George Cope, President and Chief Operating Officer of Bell Canada. In addition, significant growth in winbacks led to fewer residential line losses."

Growth in customer winbacks and the success of The Bell Better Home(TM)marketing program led to another quarter of year-over-year improvement in the rate of residential line (NAS) losses. "

To me that translates to "We lost fewer customers than we did last year, yahoo!"
I do atleast 5 Bell Canada --> Bell Mobility ports a week, so there are a few wireline losses going directly back to people who are staying at Bell but going cellphone only. :)]]> http://www.dslreports.com/forum/remark,20445225 Wed, 07 May 2008 11:42:50 EDT Re: Bell reports record income growth, reduced investment. http://www.dslreports.com/forum/remark,20445008 CanadianIron : I also liked how they were putting a positive spin on their fleeing land line customers:

" "In our wireline business, this is the first quarter in over two years that operating revenues have held steady," said George Cope, President and Chief Operating Officer of Bell Canada. In addition, significant growth in winbacks led to fewer residential line losses."

Growth in customer winbacks and the success of The Bell Better Home(TM)marketing program led to another quarter of year-over-year improvement in the rate of residential line (NAS) losses. "

To me that translates to "We lost fewer customers than we did last year, yahoo!"]]> http://www.dslreports.com/forum/remark,20445008 Wed, 07 May 2008 11:07:23 EDT Re: Bell reports record income growth, reduced investment. http://www.dslreports.com/forum/remark,20444727 travisc : I just read through their results pretty extensively. I'd love to see a breakout of their retail vs. wholesale Internet customer movement - they added 10,000 Internet subscribers in Q1, but I'd bet dollars to donuts their higher-margin retail base shrunk while their lower-margin wholesale base increased.

They put a pretty nice spin on things, but the bottom line is they'd be completely screwed without wireless continuing to grow and prop up their results. Their customer growth on wireline and video services is stagnant, and the only way they are increasing profitability is by jacking up rates (long distance, ExpressVu) while they're losing voice customers hand over fist. We've seen their desperation to hold on to customers by offering huge retention discounts on the video side while trying to pin down everyone on any service into a long-term contract, whether they agreed to it or not (see: this forum).

It's unfortunate that they'll soon be private - IMO they're at a tipping point where their atrocious customer service and competitive pressure is finally going to force them into an overall downswing in their results. Since they're going to be private, we won't get to see it and enjoy it. :(]]> http://www.dslreports.com/forum/remark,20444727 Wed, 07 May 2008 10:18:53 EDT Re: Bell reports record income growth, reduced investment. http://www.dslreports.com/forum/remark,20444532 anon : The reason their profit was higher was because the Canadian dollar was higher visavis the US dollar. They actually earned less if you factor in the rise of the Canadian dollar over that time frame.]]> http://www.dslreports.com/forum/remark,20444532 Wed, 07 May 2008 09:29:49 EDT Re: Bell reports record income growth, reduced investment. http://www.dslreports.com/forum/remark,20444490 TI POIL :
said by CanadianIron See Profile :

"Bell had its best operating revenue growth in over two
years ... "

" Bell invested ... $85 million less than last year, with a continued focus on key priorities including improving the customer experience, enhancing the wireless network, and
continuing the expansion of the Fibre-to-the-node (FTTN) program."

»www.prnewswire.com/cgi-bin/stori···2&EDATE=
So I guess all the people moving to another ISP didn't affect anything.]]> http://www.dslreports.com/forum/remark,20444490 Wed, 07 May 2008 09:19:41 EDT Bell reports record income growth, reduced investment. http://www.dslreports.com/forum/remark,20444247 CanadianIron :
"Bell had its best operating revenue growth in over two
years ... "

" Bell invested ... $85 million less than last year, with a continued focus on key priorities including improving the customer experience, enhancing the wireless network, and
continuing the expansion of the Fibre-to-the-node (FTTN) program."

»www.prnewswire.com/cgi-bin/stori···2&EDATE=]]> http://www.dslreports.com/forum/remark,20444247 Wed, 07 May 2008 08:01:03 EDT