Telecommunications Industry News
Fixed Line Long Distance Revenue Continues to Decline
1:20 am on November 7, 2005 | Category: Business, Telecom ServicesThe nation’s biggest telecommunications provider, Bell Canada Enterprises Inc. (BCE) has announced a 13% decline in revenue from long distance phone service during the third quarter of 2005.
This is the 13th consecutive quarterly decline in such revenue, and is likely due to competition from VoIP and cellular services offered by companies such as Rogers.
It is easy to see why BCE is trying to move themselves more and more into the expanding VoIP and wireless markets, but they are doing so with mixed success. BCE did manage to increase their wireless revenue by 10.2% last quarter, but this falls behind analyst’s predictions of a 13.9% jump.
Related Articles:
- Bell Experiences 1.8% Increase in Profits
- BCE Suffers Slow Second Quarter, Despite Strong Growth in Wireless
- Bell Canada Enterprises Posts 15% Decline in Quarterly Profits
- Vonage Struggles to Keep Up with Comcast in American VoIP Market
- Ted Rogers’ Son Takes Control of Rogers Communications Empire
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Published by TeleClick Enterprises
Edited by Jeremy Maddock
