Cable / Telecom News

JR leads the call – and pushes Shaw’s telephony penetration expectations

CALGARY - With son and CEO Jim in Africa on vacation (but in on the call), Shaw Communications founder and chairman JR Shaw led today’s company conference call with financial analysts As reported yesterday by www.cartt.ca, Shaw had over 22,450 telephony customers as of the end of the third quarter of fiscal 2005, May 31st. That level of growth – which is continuing – has led the company to not only boost its capital expenditure plans for the immediate future, but also dramatically quicken its penetration expectations. “At this stage our price point of $55 a month does not appear...