{"id":265755,"date":"2025-11-06T15:03:08","date_gmt":"2025-11-06T15:03:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/265755\/"},"modified":"2025-11-06T15:03:08","modified_gmt":"2025-11-06T15:03:08","slug":"bce-q3-profit-boosted-by-sale-of-minority-stake-in-mlse","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/265755\/","title":{"rendered":"BCE Q3 profit boosted by sale of minority stake in MLSE"},"content":{"rendered":"\n<p class=\"yf-1090901\">BCE Inc. reported a third-quarter profit compared with a loss a year ago as its results were boosted by the sale of its minority stake in Maple Leaf Sports and Entertainment Ltd.<\/p>\n<p class=\"yf-1090901\">The company said its profit attributable to common shareholders for the quarter amounted to $4.50 billion or $4.84 per share compared with a loss of $1.24 billion or $1.36 per share in the same quarter last year.<\/p>\n<p class=\"yf-1090901\">BCE said the year-over-year increase was mainly due to gains related to the sale of its minority stake in MLSE and lower impairment charges, partly offset by higher income taxes.<\/p>\n<p class=\"yf-1090901\">Operating revenue for the quarter totalled $6.05 billion, up from $5.97 billion a year earlier.<\/p>\n<p class=\"yf-1090901\">On an adjusted basis, BCE said it earned 79 cents per share in its latest quarter compared with an adjusted profit of 75 cents per share in the same quarter last year.<\/p>\n<p class=\"yf-1090901\">Analysts on average had expected an adjusted profit of 72 cents per share, according to data provided by LSEG Data &amp; Analytics.<\/p>\n<p class=\"yf-1090901\">&#8220;Bell continues to deliver on its four strategic priorities: put the customer first, deliver the best fibre and wireless networks, lead in enterprise with AI-powered solutions, and build a digital media and content powerhouse,&#8221; said BCE president and CEO Mirko Bibic in a press release.<\/p>\n<p class=\"yf-1090901\">&#8220;We are focused on the core areas that are delivering returns for our investors.&#8221;<\/p>\n<p class=\"yf-1090901\">BCE had a net gain of 11,511 postpaid mobile phone subscribers in its third quarter, down 65.2 per cent from 33,111 net activations during the same period a year earlier. That continued a trend from recent quarters, which the company has consistently attributed to a &#8220;less active market,&#8221; slowing population growth because of federal immigration policies, and Bell&#8217;s own focus on &#8220;higher-value subscriber loadings.&#8221;<\/p>\n<p class=\"yf-1090901\">The company said customer churn \u2014 a measure of subscribers who cancelled their service \u2014 was 1.13 per cent, an improvement from 1.28 per cent from a year ago, &#8220;reflecting our improvements to customer service and focus on retention.&#8221;<\/p>\n<p class=\"yf-1090901\">BCE&#8217;s mobile phone average revenue per user was $58.04, down 0.4 per cent from $58.26 a year ago. It said that decrease was due to &#8220;ongoing but abating&#8221; competitive pricing pressures and greater discounting, lower data overage revenue from customers subscribing to unlimited or larger capacity data plans, and lower roaming revenue amid Canadian customers&#8217; decreased travel to the United States.<\/p>\n<p class=\"yf-1090901\">Scotiabank analyst Maher Yaghi said those wireless metrics were in line with overall expectations, despite somewhat disappointing postpaid subscriber additions.<\/p>\n<p class=\"yf-1090901\">&#8220;The Canadian telco business unsurprisingly continued to exhibit weakish results, but we expect the recent price ups in wireless to begin to support results in 2026,&#8221; Yaghi said in a note.<\/p>\n<p class=\"yf-1090901\">&#8220;We don\u2019t expect consensus estimates to move much based on results from this quarter.&#8221;<\/p>\n<p class=\"yf-1090901\">This report by The Canadian Press was first published Nov. 6, 2025.<\/p>\n<p class=\"yf-1090901\">Companies in this story: (TSX:BCE)<\/p>\n<p class=\"yf-1090901\">Sammy Hudes, The Canadian Press<\/p>\n","protected":false},"excerpt":{"rendered":"BCE Inc. reported a third-quarter profit compared with a loss a year ago as its results were boosted&hellip;\n","protected":false},"author":2,"featured_media":265756,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[57008,28539,45,49,48,122578],"class_list":["post-265755","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-adjusted-basis","tag-bce-inc","tag-business","tag-ca","tag-canada","tag-minority-stake"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/265755","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=265755"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/265755\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/265756"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=265755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=265755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=265755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}