FiberOP Boosts Bell Aliant's 2013 Financial Results

  • Bell Aliant
HALIFAX, NS – Growth in Bell Aliant's FibreOp offering contributed to the company's growth as reported in its financial results for the fourth quarter and full year 2013.

FibreOP Internet customers grew by 18,000 during the fourth quarter, bringing total FibreOP Internet customers to 184,000 at the end of December 2013. FibreOP Internet additions include existing Bell Aliant customers migrating from DSL and fiber-to-the-node (FTTN) networks to the upgraded service.

IPTV revenue grew $12 million (50.2 percent) in the fourth quarter of 2013 compared to the same quarter in 2012, with total IPTV customers of 178,100, up 44.8 percent from a year earlier. FibreOP TV customers grew by 16,000 in the fourth quarter to reach 158,000, a portion of which were migrations from Bell Aliant’s FTTN TV service. Overall net IPTV customer additions were 14,800 in the fourth quarter of 2013, compared to 15,600 a year earlier. The company is projecting FTTH to pass 1 million premises by end of 2014.

“In 2013, we expanded our FTTH network to pass 806,000 premises, achieved our highest level of high-speed Internet customer net additions since 2010, and the most IPTV customer net additions in our history," said Karen Sheriff, president and CEO, Bell Aliant. "We also advanced our next generation network coverage for businesses, and, through partnerships with governments and other parties, upgraded our network capabilities in several territories, increasing our service offerings and revenue opportunities. Growth in these areas helped to offset the effects of continued declines in our traditional voice business. As a result, in 2013 we had our best year-over-year revenue performance since 2008.

“Our significant out-performance in our fiber markets versus non-fiber markets has made the case for expanding our FTTH coverage as quickly as possible even more compelling. With the successful execution of our FTTH builds over the last several years, we are confident that we have the operational capability to hit the 1 million FTTH premises passed milestone by the end of 2014."



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