BCE quarterly results lifted by strong wireless business
TORONTO, April 30 (Reuters) - BCE Inc reported a 3.6 percent increase in its adjusted first-quarter earnings on Thursday, driven by strong results in its wireless business, Canada's largest telecom company said on Thursday.
Excluding the one-time items tied to litigation, severance and other costs, the company earned a profit of C$705 million, or 84 Canadian cents a share. That compared with a year earlier profit of C$626 million, or 81 Canadian cents a share.
Net income slipped to C$532 million, or 63 Canadian cents a share, from C$615 million, or 79 Canadian cents, a year ago.
Operating revenue in the quarter rose 2.8 percent to C$5.24 billion, the company said.
(Reporting by Euan Rocha and Alastair Sharp; Editing by Bernadette Baum)
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