CALGARY – Stable growth at Shaw Communications’ cable and digital phone divisions helped to drive up its third quarter earnings by 20%, the company announced Wednesday.Consolidated service revenue for the quarter ended May 31, 2010 and year-to-date periods of $944 million and $2.78 billion, respectively, was up 10% over each of the comparable periods last year. Total service operating income before amortization of $436 million and $1.34 billion, respectively, improved 10% and 17% over the same periods. Excluding a one-time CRTC Part II fee recovery, the year-to-date increase in service operating income before amortization was 10%.Net income of $158 million...
