MONTREAL - "Quebecor Media posted a very strong performance in 2005, spearheaded by surging results at Videotron, driven by positive consumer response to its products, particularly the residential telephone service, market acceptance of which has exceeded all our expectations," Pierre Karl Peladeau, president and CEO of Quebecor Inc., said today in announcing the company's fourth quarter and year-end financial results. Quebecor Media Inc's revenues were up $240.5 million on the year while, operating income rose $36.4 million in 2005. Videotron's annual revenues break through the $1 billion mark for the first time. Besides Videotron, QMI also includes TVA Group and...
