Corus sale, Wind Mobile buy helps lift Shaw’s Q3 profits by 236.8%

CALGARY – Shaw Communication’s move away from media and towards wireless appears to be paying off, as the company saw third quarter profits triple.For the three month period ended May 31, 2016, Shaw posted net income of $704 million, up 236.8% from $209 million from the same period last year, which it said reflects higher operating income before restructuring costs and amortization with the addition of its wireless results, a gain on the sale of its media division which were offset in part by an equity loss from its investment in Corus Entertainment and certain non-recurring items.Revenue for the quarter...