BCE Inc.

Good morning, ladies and gentlemen. Welcome to the BCE Q3 2019 Results Conference Call. I would like to turn the meeting over to Mr. Thayne Fotopoulos. Please go ahead, Mr. Fotopoulos.

Thank you, Donna, and good morning, everyone. Joining me for the call today are George Coe, BC's President and CEO, Marco Bibich, Delta Chief Operating Officer, and our CFO, Glenn LeBlanc. And as most of you know, this is George's last annual conference call before he retires at the beginning of next year. As a reminder, our Q3 results package and other disclosure documents, including today's slide presentation, are available on VC's Investor Relations webpage. However, before we get started, I want to draw your attention to our safe harbor statement on slide two. Information in this presentation, remarks made by the speakers today, will contain statements about expected future events and financial results that are forward-looking and therefore subject to risks and uncertainties. These forward-looking statements represent our expectations as of today and therefore are subject to change. If you claim any obligation to update looking statement except as required by law. So on that, let me hand over the call for the last time to George.

Great. Good morning, Fain. Good morning, everyone. Thank you for joining us this morning. Let me turn to the highlights of the quarter, and I'm going to turn it over to Mirko and Glenn and wrap up with a couple comments before we go to Q&A. We clearly had a very, very strong third quarter from a wireless perspective, our strongest third quarter on record. with net ads up $204,000 in the quarter, or approximately 15%. Also importantly in the competitive market we had, we saw a 1% increase in our average revenue per subscriber, and we saw a decline in post-paid churn to 1.12%. Delivered strong revenue growth to 3.5%, and even with those strong gross ads and net ads, drove 7.9% EBITDA growth. And I also found it interesting that our service revenue in the traditional way, quarter over quarter last year was about 70, and this time about 91 million. So really nice and strong underlying core service revenue growth. So from a broadband perspective, our overall growth of 294,000 subscribers, up 8.4% year over year. Our fiber strategy continues to pay dividends for all our investors, where we saw 58,000 total internet net ads up approximately 10% on the year. Also important in that season, we saw positive RGU net ad delivery on the wireline footprint. I think we'd all agree media had a very strong quarter with higher revenue and adjusted EBITDA and cash flow, which Glenn will talk to. And quite proud on my last call, it was our 56th consecutive quarter of year-over-year consolidated EBITDA growth with 5.6% in the quarter. Our product leader differentiation is truly paying off, enabling us to leverage the growing demands of the digital ecosystem. Our wireless network speed leadership is enabling us to take market share and not become a price shop. Our focus execution across all bell segments together with a declining capital intensity ratio drove a strong 17.3% cash flow growth in the quarter. With that, let me turn it over to Mirko to take you through the results, and Glenn, then I will wrap up with a few comments before we go to Q&A. Thank you.