Cable / Telecom News

Cable subs and revenue growth slows, satellite’s share drops in 2013: CRTC report

OTTAWA-GATINEAU - Cable companies reported modest growth in revenues and subscribers in 2013, while satellite companies recorded a decline in both categories, according to the CRTC’s statistical and financial results for the industry released Thursday.According to Broadcast Distribution 2009–2013: Cable, Multipoint Distribution Systems and Direct-to-Home, combined revenues for both cable and satellite companies increased by 4.8% from $14.1 billion in 2012 to $14.8 billion in 2013.  The total number of subscribers, (which includes customers subscribed to IPTV services such as Bell’s Fibe TV or Telus’ Optik TV, but excludes independent cable companies with less than 2,000 subs and who don't offer...