Bell showed positive numbers in all but one category in the Q2 financial release. Prepaid Subscribers are down in Q2 but this could also be a positive, perhaps the prepaid users changed over to contract accounts. Cell phone activations doubled and their subscriber base is up by 6% leading to sky rocketing revenues. Not so coincidental that these numbers are up since the launch of the HSPA+ network. Here are the numbers from Bell’s press release.
- Total gross activations were 480,639 this quarter, or 19.0% higher than
- Total Bell Wireless operating revenues increased by 9.6% to
$1,210 million this quarter.
- Service revenues increased by 10.8% to $1,114 million due to subscriber growth,
- The acquisition of the remaining 50% of Virgin and wireless data revenue growth of 45%.
- Wireless data revenues represented approximately 22% of service
revenues this quarter compared to approximately 17% of service revenuesfor the same period last year.
- Product revenues decreased by 4.5% to $84 million due to competitive pricing on handsets.
- Total net activations were 98,459 this quarter, or more than double the 44,716 net activations achieved last year.
- Postpaid net activations were 102,754 this quarter, or 60.1% higher than last year.
- The prepaid client base declined by 4,295 this quarter compared to a decline of 19,465 last year due to higher prepaid gross activations.
- The Bell Wireless client base reached 6,987,386 at the end of the quarter, an increase of 6.3% compared to last year.