April 26, 2017 / 11:12 AM / 3 months ago

Canadian telecom company BCE's profit falls 4 pct

1 Min Read

April 26 (Reuters) - BCE Inc, Canada's largest telecommunications company, posted a 4 percent fall in quarterly profit, hurt by costs related to its acquisition of Manitoba Telecom Services.

BCE, popularly known as Bell, said net income attributable to its shareholders fell to C$679 million ($500 million), or 78 Canadian cents per share, in the first quarter ended March 31, from C$707 million, or 82 Canadian cents per share, a year earlier.

Montreal-based BCE'S operating revenue rose 2.2 percent to C$5.38 billion.

$1 =C$1.36 Reporting by Ahmed Farhatha in Bengaluru; Editing by Maju Samuel

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