Bell Canada revenue flat for Q4 2007

Bell Canada, which received approval late last year to be sold to the Ontario Teachers Pension Plan and two private equity firms, posted relatively flat revenue of about $4.55 billion for the final quarter of 2007, compared with the same period in 2006. The company also saw operating income slide. The $52 billion acquisition is still scheduled to close in the early part of the second quarter this year, despite the chaotic market environment.

For more:
- read this story from The Canadian Press

Suggested Articles

Frontier Communications is looking to rebound from a disappointing second quarter last month by offering a new managed cloud IT service.

Tyson, Virginia-based GiGstreem raised $10 million in a Series B funding round that was led by RET Ventures with participation from LNC Partners.

Comcast sent its Senior VP of Next Generation Access Networks Elad Nafshi to the ONF conference today to announce its big step on virtualization of the cable…