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Bell Aliant continues adding IPTV subs

Canadian telco Bell Aliant had reached 123,000 subscribers for its IPTV services by the end of the fourth quarter of 2012, with the addition of 17,400 new customers for its ‘FibreOP TV’ service more than offsetting the loss of 1,8000 subs for its older IPTV service ‘Bell Aliant TV’.

IPTV revenues grew by CAD 10mn (US$ 10mn) during the fourth quarter compared to one year earlier, helping to offset a decline in voice revenues of around CAD 25mn during the period.

CEO Karen Sheriff said that new services such as the ‘NextGen Home Security’ service are also starting to come into their own.

Bell Aliant added 20,200 customers for its fibre-based broadband services in the final three months of last year to reach a total of 112,000, and expansion of its fibre-to-the-home (FTTH) network will continue this year and reach about 800,000 premises by the end of the year.

“Continuing to grow our FiberOP customer base is the key to securing a strong future for our company and 2012 was a year of great FTTH results for us,” comments Ms. Sheriff in the earnings release.

Total revenues across all operations and markets in the fourth quarter of 2012 reached CAD 695mn, down less than one percent from one year earlier, while EBITDA fell 2.4% to reach CAD 317mn.

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