Cable / Telecom News

Shaw growth continues; founder insists family members are happy owners

CALGARY – While the company that bears his name posted another strong quarter and is quickly closing in on 200,000 phone customers, Shaw Communications founder and chairman JR Shaw was again asked about rumors that the company would be sold during Friday afternoon's conference call with financial analysts. Pointing out that the family has been very active purchasers of Shaw shares, the chairman added, "The family is very content with the ownership that they have… We have no intention of doing anything with this property, or any other properties that we have, on an exit basis… Someone asked me a...