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July 08, 2015 4:51 AM ET

Diversified Telecommunication Services

Company Overview of Bell Aliant Inc.

Company Overview

Bell Aliant Inc., through its subsidiaries, provides regional telecommunications services to residential and business customers in Atlantic Canada, Ontario, and Quebec. The company offers communication, information, and entertainment services, including voice, TV, Internet, data, video, wireless, value-added business solutions, and home security. It also provides local and long distance, and other services, as well as network access, license, hosting, and maintenance services; and sells equipment. In addition, the company offers FibreOP, a fibre-to-the-home network service through Internet and television; and is involved in the rental of telephone sets. Bell Aliant Inc. is headquartered in H...

7 South Maritime Centre

1505 Barrington Street

Halifax, NS B3J 3K5

Canada

Key Executives for Bell Aliant Inc.

Chief Executive Officer and President
Age: 57
Chief Financial Officer and Executive Vice-President
Age: 47
Chief Legal Officer, Executive Vice President of Corporate Services and Secretary
Age: 61
Senior Vice President of Customer Experience
Senior Vice President of Customer Solutions
Compensation as of Fiscal Year 2015.

Bell Aliant Inc. Key Developments

Bell Aliant Announces Open for Business in Saint John Data Centre

Bell Aliant announced that its new data centre in Saint John, N.B. is now online and fully operational. Certified Tier III by Uptime Institute, it is the first data centre in Atlantic Canada, and one of only 11 in Canada, to achieve this designation. The gold standard for data centres, Tier III certification requires that all mission critical infrastructures be completely redundant to ensure a continuous power supply and protection for customer data.

Bell Aliant Announces $10.5 Million Expansion for its St. John's Data Centre

Bell Aliant has increased the capacity of its St. John's data centre by 10 times with a $10.5 million investment that also improves efficiency, security and reliability, with built-in flexibility to more than double the facility's 400kW capacity to meet future demand. The Bell Aliant St. John's data centre is built to withstand the most severe weather and has complete redundancy safeguards on all vital infrastructure components: Security: Internal and external video surveillance, controlled access, onsite 24/7 security station. Network: The data centre is supported by Bell Aliant's nextgen fibre network " Atlantic Canada's most advanced fibre optic network. Capacity and durability: The data centre is built to support the most demanding capacity needs. Reinforced floors easily handle cabinets that hold up to 2,500 pounds (1,134 kg) of hardware and store approximately 1 billion emails. Reliability: During commissioning of the facility, independent testing of every system in the building is conducted by installing temporary 'load banks' that simulate the full load of energy including heat, electricity and other factors. Scalability: The data centre was built with a view to the robust and growing demand for data hosting facilities. It can more than double its capacity for future needs.

Bell Aliant Inc. Reports Unaudited Earnings Results for the Third Quarter Ended September 30, 2014

Bell Aliant Inc. reported unaudited earnings results for the third quarter ended September 30, 2014. For the third quarter, the company reported net earnings of $59 million in the third quarter of 2014, down $22 million from the same quarter in 2013, driven by an increase in financial advisory, professional and consulting fees, and other costs associated with the Privatization transactions. Earnings per share and adjusted earnings per share for the third quarter of 2014 were $0.26 and $0.44 respectively, compared to $0.35 and $0.42 in the third quarter of 2013. The company's revenues increased 0.4% in third quarter of 2014 to $699 million from $696 million last year, as growth in Internet, TV, other data and wireless revenues exceeded the declines in local, long distance and other revenues. Despite higher year-over-year operating revenues, the company's Adjusted EBITDA decreased 2.2% this quarter to $317 million from $324 million in third quarter of 2013, due to higher operating costs related to growth of its FibreOP services and customer base. Negative free cash flow was $53 million against $77 million a year ago.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 23, 2014
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