BCE reported a third-quarter profit attributable to common shareholders of $630 million as operating revenue rose 2.2 per cent year over year.
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BCE Inc. reported third-quarter profit attributable to common shareholders of $630 million, compared with $4.50 billion or $4.84 per share a year earlier after the company sold its minority stake in Maple Leaf Sports and Entertainment Ltd.
For the quarter ended Sept. 30, BCE said its profit amounted to 67 cents per share.
On an adjusted basis, BCE said it earned 74 cents per share in the latest quarter, down from an adjusted profit of 79 cents per share in the same quarter last year.
BCE reported operating revenue totalled $6.18 billion, up from $6.05 billion a year earlier.
Last month, BCE announced a deal to sell a 49.9 per cent stake of a new company that will own and operate its wireless towers to Quebec investment manager La Caisse for $2.45 billion.
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