The company’s financial performance reflects a strategic pivot toward infrastructure-heavy growth. While consolidated revenue climbed, net earnings fell 2.3% to $629 million, impacted by rising depreciation, interest costs, and taxes. Adjusted EBITDA saw a modest 1.0% gain to $2.7 billion, aided by the integration of Ziply Fiber, which was acquired last August.
In section Releases
BCE Reports Q2 2026 Results Amid Heavy Data Center Investment
BCE Inc. reported a 1.5% increase in consolidated revenue to $6.18 billion for the second quarter of 2026, even as the telecom giant grapples with a 9.5% dip in free cash flow driven by an aggressive 41.5% hike in capital expenditures to fund new AI data centers and U.S. fiber expansion.
Operational highlights center on the company’s push into AI and fiber connectivity. Bell added nearly 55,000 residential fiber-to-the-home internet subscribers and saw a 29% revenue surge in its Ateko and Bell Cyber divisions. Meanwhile, Bell Media outperformed expectations, with revenue rising 8.9% behind strong Crave subscription growth and FIFA World Cup 2026 viewership. Despite these gains, the company faces ongoing competitive pressure in the Canadian wireless market and a cooling effect from limited population growth, which contributed to a decline in prepaid subscriber activations.
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