The giant telco’s net earnings fell 2.3 per cent year over year to $629 million in its most recent quarter, despite an uptick in total revenue. Its Canadian “communications and technology services” segment, the vast bulk of Bell’s business, saw revenue shrink four per cent, year over year. (The Logic)

Talking point: Overall service revenue was up, however, partly thanks to the foray into the U.S. wireline market Bell began when it bought Ziply Fiber, a provider in the U.S. Northwest. (The Ziply transaction closed in August 2025, so there are no year-over-year comparisons yet.) Bell’s media segment also did better, due to ad sales for the FIFA men’s World Cup soccer tournament and signups for Bell’s Crave streaming service. Bell’s quarterly results follow last week’s announcement from Telus that it expects its 2026 revenue to be flat at best and would cut its dividend; Bell said it expects its own revenue for the year to increase one to five per cent. 

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