driven by revenue growth and productivity improve- ments, as well as the absence of the restructuring charge and costs associated with the labour disruption. These positive impacts are expected to be partially off- set by increased costs associated with Aliant’s growth services and higher net benefit plans cost. The Other Bell Canada segment revenues declined 3.8% or $76 million to $1,939 million in 2004, com- pared to 2003. This was due to: • a decline in our Wholesale business stemming from lower long distance and data revenues from price  competition and customers migrating services to their own network facilities • our decision last year to exit certain contracts and promotional offers for international switched minutes that had low margins. The Other Bell Canada segment had an operating loss of $588 million in 2004, a $1,209 million decrease when compared to operating income of $621 million in 2003. This was mainly due to the charge for restructuring and other items of $1,147 million in 2004, mostly for the voluntary employee departure program at  Bell Canada. See  Restructuring and Other Items for more details. Excluding restructuring and other items, operating income decreased 9.7%,or$60 million, in 2004. The decrease relates to costs associated with increased  volumes of cross-border carrier exchange traffic and the repricing of long distance and data services in our Wholesale business. Bell Globemedia’s revenues grew 4.2% or $57 million to $1,420 million in 2004, compared to 2003. This was the result of: • advertising revenue growth of 6.4%, reflecting the strength of CTV’s schedule, which included the majority Bell Canada Enterprises  2004 Annual Report 55 The Other BCE segment operating income declined 1.4% or $4 million to $281 million in 2004, compared to 2003. This decline was due to higher corporate ex- penses, which more than offset higher operating income at Bell Globemedia, Telesat and CGI. The increase in corporate expenses is a result of higher net benefit plans cost and an increased level of corporate activities. The Other BCE segment revenues grew 10.2% or  $264 million to $2,861 million in 2004, compared to 2003. This growth was driven by revenue growth at Bell Globemedia, Telesat and CGI. Other BCE Other Bell Canada OTHER BELL CANADA REVENUES OTHER BCE REVENUES OTHER BCE OPERATING INCOME OTHER BELL CANADA OPERATING INCOME Bell Globemedia 03 04 0 281 285 11.0% 9.8% Operating income Operating income margin 03 04 (588) 621 0 30.8% (30.3%) Operating income Operating income margin 03 04 2,861 2,597 0 03 04 0 1,939 2,015 2004 2003 % CHANGE Operating revenues Bell Globemedia 1,420  1,363 4.2% Telesat 362  345 4.9% CGI 1,019  838 21.6% Other 60  51 17.6% Total operating revenues 2,861  2,597 10.2% Operating income Bell Globemedia 240  167 43.7% Telesat 141  124 13.7% CGI 94  91 3.3% Other (194) (97) (100.0%) Total operating income 281  285 (1.4%)