Bell Q2 results: subscriber base increases over 6% to almost 7 million

It seems like Bell is on a high since launching their HSPA+ network. Taking a quick look over their Q2 2010 results show some staggering numbers: Activations doubled, subscriber base up by 6%, revenues up dramatically… the only area that sank is their Prepaid subscribers.

George Cope, President & CEO of BCE and Bell Canada said “At Bell Wireless, our world-leading HSPA+ network and roster of leading smartphones and turbo sticks produced wireless data revenue growth of 45% and net activations that more than doubled year over year.”

Check out a breakdown from the Q2 report after the break:
Via: Bell

– Total gross activations were 480,639 this quarter (up 19.0% from last year).

– Total net activations were 98,459 this quarter, or more than double the 44,716 net activations achieved last year.

– The Bell Wireless client base reached 6,987,386 at the end of the quarter (increase of 6.3% compared to last year)

– Postpaid net activations were 102,754 this quarter, or 60.1% higher than last year.

– Prepaid client base declined by 4,295 this quarter compared to a decline of 19,465 last year due to higher prepaid gross activations.

– Total Bell Wireless operating revenues increased by 9.6% to $1,210 million this quarter. Service revenues increased by 10.8% to $1,114 million due to subscriber growth

– Wireless data revenues represented approximately 22% of service revenues this quarter compared to approximately 17% of service revenues for the same period last year.

– Blended ARPU increased by $1.66 to $52.12.

– Postpaid ARPU increased by $1.18 to $63.66 due to growth in data usage partly offset by increased customer adoption of richer rate plans with more services and voice minutes included at lower monthly prices.