BCE Inc. (BCE) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen. Welcome to the BCE Q2 twenty twenty six Results Conference Call. I would now like to turn the meeting over to Chris Summers. Please go ahead, Mr. Summers. Thank you. Good morning, everyone, and thank you for joining our call. With me here today are Mirko Bibic, BCE's President and CEO and our CFO, Curtis Millet. You can find all our Q2 disclosure documents on the Investor Relations page of the bce.ca website, which we posted earlier this morning. Before we begin, I'd like to draw your attention to our Safe Harbor statement on Slide two, reminding you that today's slide presentation and remarks made during the call will include forward looking information and therefore are subject to risks and uncertainties. Results could differ materially. We disclaim any obligation to update forward looking statements except as required by law. Please refer to our publicly filed documents for more details on assumptions and risks. With that out of the way, I'll turn the call over to Mirko. Thank you, Chris, and good morning to all. Our Q2 results show continued execution against the strategy we laid out at Investor Day last year. Consolidated revenue increased 1.5%, adjusted EBITDA grew 1%, and we generated more than $1,000,000,000 of free cash flow in the quarter. We also reduced our net debt leverage ratio to approximately 3.7x, while continuing to invest in the growth platforms that will shape BCE's long term profile. The quarter also reflects progress across a number of key areas. Wireless trends improved with pricing better reflecting the value we offer customers, postpaid churn reaching its lowest quarterly level in three years and improved product margins. Fiber continued to drive Internet growth across Canada and The U. S. Bell AI Fabric c...