Diversified Telecommunication Services
Company Overview of Bell Aliant Inc.
Bell Aliant Inc., through its subsidiaries, provides regional telecommunications services in North America. The company offers information, communication, and technology services, including voice, data, Internet, cable TV, video, wireless, and value-added business solutions to residential and business customers across six Canadian provinces. It offers telephone services, mobile communications, and digital television services; local wire line, long distance, information services/information technology, and terminal and directory services; wireless services, such as cellular, paging, and mobile radio services over digital wireless networks; and data and Internet services, including data access...
7 South Maritime Centre
1505 Barrington Street
Halifax, NS B3J 3K5
Founded in 2006
Key Executives for Bell Aliant Inc.
Chief Financial Officer and Executive Vice President
Senior Vice President of Custoer Experience
Senior Vice President of Customer Solutions
Compensation as of Fiscal Year 2012.
Bell Aliant Inc. Key Developments
Bell Aliant Inc. Reports Unaudited Earnings Results for the First Quarter Ended March 2013
May 1 13
Bell Aliant Inc. reported unaudited earnings results for the first quarter of ended March 2013. For the period, the company reported net earnings of $84 million, up $1 million from the first quarter of 2012. Earnings per share and adjusted earnings per share were $0.36 and $0.43 respectively, consistent with the first quarter of 2012. Operating revenue was $684 million against $682 million a year ago. EBITDA was $324 million against $325 million a year ago. Capital expenditures was $128 million against $137 million a year ago. Free cash flow was $95 million against $80 million a year ago. Free cash flow was up $15 million from the same quarter a year earlier. The increase was primarily a result of lower capital expenditures, lower restructuring payments, and higher cash from other operating activities compared to the first quarter of 2012.
Bell Aliant Inc. Declares Quarterly Dividend, Payable on June 28, 2013
May 1 13
Bell Aliant Inc. declared a quarterly dividend of $0.475 per common share, payable on June 28, 2013, to shareholders of record at the close of business on June 14, 2013.
Bell Aliant Inc. Provides Capex Guidance for 2013
May 1 13
Bell Aliant Inc. provided capex guidance for 2013. The company expects 2013 free cash flow to be in line with 2012 in the range of $500 million to $560 million. For the year, the company continues to expect CapEx to be in the range of $525 million to $575 million compared to $592 million in 2012.
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