​

​

Three months

​

Six months

Periods ended June 30 (millions)

  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

2026

  ​ ​ ​

2025

Balance, beginning of period

​

$

1,182

​

$

1,135

​

$

1,161

​

$

1,102

Revenue deferred in previous period and recognized in current period

(725)

​

(636)

​

(649)

​

(631)

Net additions arising from operations

667

​

654

​

612

​

682

Additions arising from business acquisitions

—

​

23

​

—

​

23

Balance, end of period

$

1,124

​

$

1,176

​

$

1,124

​

$

1,176

Current

​

​

  ​

​

$

965

​

$

1,026

Non-current (Note 27)

​

​

  ​

​

​

​

​

Deferred revenues

​

​

  ​

​

158

​

147

Deferred customer activation and connection fees

​

​

  ​

​

1

​

3

​

​

​

  ​

​

$

1,124

​

$

1,176

Reconciliation of contract liabilities presented in the Consolidated statements of financial position – current

​

​

  ​

​

  ​

​

  ​

Gross contract liabilities

​

​

  ​

​

$

965

​

$

1,026

Reclassification to contract assets of contracts with contract liabilities less than contract assets (Note 6(c))

​

​

  ​

​

(108)

​

(119)

Reclassification from contract assets of contracts with contract assets less than contract liabilities (Note 6(c))

​

​

  ​

​

(13)

​

(17)

​

​

​

  ​

​

$

844

​

$

890