Cable / Telecom News

BDU revenues grow

OTTAWA-GATINEAU – The CRTC released its annual look at the financial performance of the broadcast distribution undertaking sector (cable and satellite) today. Using its traditional August 31st year-end the figures are from the 2004 broadcast year ending that day. Overall, there was a good increase in the revenues of Canadian BDUs, except among the small, few fixed wireless TV providers, which continue to fare poorly. Revenues for the cable industry saw an increase of 9.4% in one year, going from close to $4.2 billion in 2003 to more than $4.5 billion in 2004. This growth is consistent with the 9.6%...