财务数据和关键指标变化 - 总服务收入增长1.7%,运营成本下降近1%,导致调整后EBITDA增长3.1%,毛利率提升90个基点,这是公司超过一年来最好的综合EBITDA增长率 [24][25] - 尽管EBITDA较高,但净收益和调整后每股收益同比下降,主要是由于融资成本上升、折旧摊销费用增加以及所得税费用增加 [26] - 资本支出下降1.58亿美元,主要是由于提前完成了2023年的光纤和5G部署目标,实现了更高的建设效率,加上强劲的EBITDA增长推动自由现金流增长17% [26] - 预计第四季度自由现金流将同比增加9亿美元,包括资本支出下降5亿美元、税费下降以及营运资金变动 [27] 各条业务线数据和关键指标变化 消费者业务 - 无线业务净增加142,886个后付费手机用户,同比增长4.3%,创下近13年来第二高的第三季度业绩 [15] - 无线ARPU保持稳定,尽管漫游收入增长放缓,但月租费收入占服务收入的85%,反映了公司专注于高价值用户的策略 [16][57] - 宽带业务净增104,159个光纤用户,同比增长7.9%,其中71%订阅千兆及以上速率,同比增加22% [8][17] - IPTV业务毛激活增长11%,但由于流媒体服务用户流失,净增加下降2,100户 [18] 企业业务 - 企业服务收入增长,得益于安全和云服务的销售增长,以及6月收购FXI的贡献 [28] - 产品收入下降,主要是由于政府等大客户的无线设备销售时间性波动 [29] 媒体业务 - 广告收入下降5.2%,但数字广告收入增长34%,订阅收入增长2.9% [30][31] - 尽管广告市场环境仍然具有挑战性,但体育广告收入增长,凭借FIFA女足世界杯、F1等优质内容 [19][20] - Crave直播订户增长13%,SAM TV广告销售收入增长近50% [11] 各个市场数据和关键指标变化 - 公司在拥有光纤网络的地区持续获得更多宽带用户,凭借光纤网络的技术优势和捆绑优惠 [8][17] - 无线市场竞争加剧,但公司将继续保持定价纪律,平衡高质量用户和数量的增长 [40][41][57] 公司战略和发展方向 - 公司正在从传统电信公司向科技服务和数字媒体领导者转型,通过数字化和自动化提高运营效率 [12][13] - 正在进行的成本优化举措包括整合计费系统、优化房地产、铜线退役等,将支持未来的EBITDA和自由现金流增长 [13][70][71] - 收购OUTFRONT等小型并购有助于补充公司的媒体业务 [65][66] - 公司将根据监管环境的变化调整光纤网络的建设计划 [47][48][49] 管理层对经营环境和未来前景的评论 - 宏观经济环境、竞争格局和监管环境是公司关注的三大因素 [40] - 公司将继续保持定价纪律,平衡高质量用户和数量的增长 [40][41][57] - 公司有信心实现2023年的财务指引目标,并预计第四季度自由现金流将大幅改善 [33][34] 问答环节重要的提问和回答 问题1 **David Barden提问** 询问无线市场的竞争强度,以及对2024年的预期 [39][40][41][42][43] **Mirko Bibic回答** 公司将继续保持定价纪律,平衡高质量用户和数量的增长,同时关注宏观经济环境和监管环境的变化 [40][41][42][43][57] 问题2 **Drew McReynolds提问** 询问TPIA决定的时间及对公司的影响 [46][47][48][49][50] **Mirko Bibic回答** 监管决定会影响公司的投资意愿,如果决定不利,公司将减缓光纤网络的建设 [47][48][49][50] 问题3 **Maher Yaghi提问** 询问宽带市场的区域竞争情况,以及无线ARPU的预期 [55][56][57] **Mirko Bibic回答** 光纤网络的技术优势和捆绑优惠是关键,无线ARPU在第三季度保持稳定,第四季度将继续平衡高质量和数量的增长 [56][57]

Q2 2023 Results Conference Call Safe harbour notice Certain statements made in this presentation are forward-looking statements. These forward-looking statements include, but are not limited to, statements relating to BCE’s financial guidance (including revenue, adjusted EBITDA, capital intensity, adjusted EPS and free cash flow), BCE’s 2023 annualized common share dividend, BCE’s planned capital expenditures for the second half of 2023, BCE’s network deployment plans and anticipated capital expenditures as ...

BCE Inc. (NYSE:BCE) Q2 2023 Earnings Conference Call August 3, 2023 8:00 AM ET Company Participants Thane Fotopoulos - Investor Relations Mirko Bibic - President & Chief Executive Officer Glen LeBlanc - Current-Chief Financial Officer Curtis Millen - Incoming-Chief Financial Officer Conference Call Participants Maher Yaghi - Scotiabank Drew McReynolds - RBC Stephanie Price - CIBC Vince Valentini - TD Cowen Simon Flannery - Morgan Stanley Jerome Dubreuil - Desjardins Batya Levi - UBS Aravinda Galappatthige - ...

BCE Inc. (NYSE:BCE) Q1 2023 Earnings Conference Call May 4, 2023 8:00 AM ET Company Participants Thane Fotopoulos - Investor Relations Mirko Bibic - President & Chief Executive Officer Glen LeBlanc - Chief Financial Officer Conference Call Participants Drew McReynolds - RBC Capital Markets Maher Yaghi - Scotiabank Aravinda Galappatthige - Canaccord Genuity Vince Valentini - TD Securities Tim Casey - BMO Capital Markets Jerome Dubreuil - Desjardins Matthew Griffiths - Bank of America Stephanie Price - CIBC S ...

BCE(BCE) - 2022 Q4 - Annual Report ...

BCE Inc. (NYSE:BCE) Q4 2022 Earnings Conference Call February 2, 2023 7:00 AM ET Company Participants Thane Fotopoulos - Investor Relations Mirko Bibic - President and Chief Executive Officer Glen LeBlanc - Chief Financial Officer Conference Call Participants Maher Yaghi - Scotiabank Stephanie Price - CIBC Jérôme Dubreuil - Desjardins Tim Casey - BMO Capital Markets Batya Levi - UBS Vince Valentini - TD Securities Simon Flannery - Morgan Stanley Operator Good morning, ladies and gentlemen and welcome to the ...

Q4 2022 Results & 2023 Financial Guidance Call February 2, 2023 Safe harbour notice Certain statements made in this presentation are forward-looking statements. These forward-looking statements include, but are not limited to, statements relating to BCE's financial guidance (including revenues, adjusted EBITDA, capital intensity, adjusted EPS and free cash flow), BCE's 2023 annualized common share dividend and dividend payout ratio, BCE's network deployment plans and anticipated capital expenditures as well ...

BCE Inc. (NYSE:BCE) Q3 2022 Results Conference Call November 3, 2022 8:00 AM ET Company Participants Thane Fotopoulos - VP, IR Mirko Bibic - President, CEO Glen LeBlanc - CFO Conference Call Participants Maher Yaghi - Scotiabank Vince Valentini - TD Securities Stephanie Price - CIBC Jerome Dubreuil - Desjardins Drew McReynolds - RBC Batya Levi - UBS Diego Barajas - Morgan Stanley Aravinda Galappatthige - Canaccord Genuity Matthew Griffiths - Bank of America Operator Good morning, ladies and gentlemen. Welco ...

BCE Inc. (NYSE:BCE) Q2 2022 Earnings Conference Call August 4, 2022 8:00 AM ET Company Participants Thane Fotopoulos - Vice President of Investor Relations Mirko Bibic - President & Chief Executive Officer Glen LeBlanc - Chief Financial Officer Conference Call Participants Maher Yaghi - Scotiabank Drew McReynolds - RBC Capital Markets Vince Valentini - TD Securities Stephanie Price - CIBC David Joyce - Barclays Jerome Dubreuil - Desjardins Bank Batya Levi - UBS Operator Good morning ladies and gentlemen. An ...

BCE Inc. (NYSE:BCE) Q1 2022 Earnings Conference Call May 5, 2022 8:00 AM ET Company Participants Thane Fotopoulos - Vice President of Investor Relations Mirko Bibic - President & Chief Executive Officer Glen LeBlanc - Chief Financial Officer Conference Call Participants Drew McReynolds - RBC Capital Markets Stephanie Price - CIBC Vince Valentini - TD Securities Jerome Dubreuil - Desjardins David Joyce - Barclays Simon Flannery - Morgan Stanley Sebastiano Petti - JPMorgan David McFadgen - Cormark Securities ...