Company Profile For Bell Aliant Regional Communications Income Fund

Bell Aliant Regional Communications Income Fund (BA_u.TO) (Toronto Stock Exchange)
sector: Telecommunications Services · industry: Integrated Telecommunications Services ·
As of  27 Nov 2009
27.09CAD
Price Change
-0.09
Percent Change
-0.33%
 
 
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Overview

Bell Aliant Regional Communications Income Fund (the Fund), is a Canada-based, open-ended, limited purpose trust. The Fund holds investments in subsidiaries that operate one of the regionally focused telecommunications service providers in North America. On January 1, 2008, the Fund transferred a 36.7% indirect interest in Telebec, Limited Partnership (Telebec) and NorthernTel Limited Partnership (NorthernTel) to its subsidiary, Bell Aliant Holdings LP. As a result of these transactions, the Company indirectly own a 82.5% interest in Bell Aliant Holdings LP, which in turn consolidates the financial results of Bell Aliant Regional Communications, Limited Partnership (Bell Aliant LP), Telebec and NorthernTel. In May 2009, CAE, Inc. acquired Bell Aliant's Defence, Security and Aerospace (DSA) business unit, operated by the xwave division of Bell Aliant LP.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, Bell Aliant Regional Communications Income Fund's rose 18% to C$223.4M. Net income from cont. ops. rose 18% to C$220.2M. Revenues reflect a rise in equity income from investments. Net income also reflects an increase in operating income. The co. is engaged in holding investments in entities whose operations are primarily focused on the provision of regional telecommunications services.

Company Address

Bell Aliant Regional Communications Income Fund
6 South, Maritime Centre
1505 Barrington Street
Halifax   NS   B3J 2W3
P: +1877.2483113
F: +1902.4250708

Total Employees

10000

Find Out More About BA_u.TO

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