Cable leads BDU's $1B growth in 2009

OTTAWA-GATINEAU – Canada’s broadcasting distribution companies continued to show healthy growth as the sector's collective total revenues grew by $1.1 billion to reach $11.4 billion in 2009, according to a CRTC report.Cable’s revenue growth slowed marginally to 11.9% last year after having increased by over 16% in both 2007 and 2008. Total revenues climbed from $8.2 billion in 2008 to $9.2 billion in 2009m while operating expenses rose by 10.6% over the same period, or from $4.6 billion to $5.1 billion.The number of Canadian households that obtained basic-television service from a cable company grew by 2.2% to 8.1 million subscribers.Between 2008 and 2009, total revenues...