Péladeau is back as Quebecor reports solid fiscal 2016, closing in on a million wireless subs

Says the company is in no hurry to sell spectrum outside of QuebecMONTREAL – Quebecor turned in a good fiscal 2016 on Wednesday as revenues and income climbed on wireless additions and better than expected cable subscriber results.2016 revenues were $4.02 billion, up 3.2% from 2015 and adjusted operating income was up 3.7% to $1.49 billion. Net income attributable to shareholders was $194.7 million, an increase of $42.9 million over 2015. Adjusted income from continuing operating activities was $305.5 million an increase of 27.3%.Vidéotron significantly increased its revenues from mobile telephony (by $106.7 million or 26.4%), Internet access ($58 million...