BCE announces 2021 financial targets, 5.1% dividend increase and capital investment acceleration of at least $1 billion to advance fibre and wireless network expansion over the next 2 years.
Bell added 81,256 total net new postpaid and prepaid customers(5) in Q4, compared to123,582 in Q4 2019. For full-year 2020, total postpaid and prepaid net additions decreased 48.8% to 263,721.
Postpaid net additions totalled 92,928, down from 121,599 in Q4 2019. Overall market activity was impacted by reduced retail store traffic and transaction volumes during COVID19, resulting in a 13.2% decline in postpaid gross additions. This was moderated by a 17 basis-point improvement in postpaid customer churn(5) to 1.11%. For full-year 2020, postpaid net additions were 225,739, down from 401,955 in 2019, while customer churn decreased to 0.99%, our best annual postpaid churn rate result ever.
Bell’s total wireless customer base in 2020 increased 2.6% to 10,221,683, comprising 9,385,679 postpaid subscribers, up 2.5% over 2019, and 836,004 prepaid customers, up 4.8%.
Maya Grinberg is a careers Reporter for Tech News vision make it. Prior to joining Tech News Vision, she worked as a fiction stories and a freelancer for magazine, where she eventually worked her way up to careers editor. During this time, she created daily content for own website and worked with the research team to create content. she developed some own Newswebsite.