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Telecom-media giant BCE posts lower Q1 net profit due to Quebecor court battle
2015-04-30 15:53:17| Wireless - Topix.net
BCE Inc. reports that its first-quarter profit suffered from a $137-million expense related to a long-running court battle with rival Quebecor but, after adjusting for that, its telecom and media business showed growth from last year. The Montreal-based company said its net income attributable to shareholders in the first quarter was $532 million, down 13.5 per cent from the same time last year.
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Category:Telecommunications
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