Cable / Telecom News

Led by Internet services, telco industry revenues up 1.3% in 2013: StatCan

OTTAWA - Operating revenues for Canada’s telecommunications industry rose 1.3% in 2013, powered by growth in Internet, mobile and paging services, according to data from Statistics Canada.Operating revenues were $57.2 billion in 2013, up from $56.4 billion in 2012.  Operating expenses increased 0.6% from $44.7 billion in 2012 to $45.0 billion in 2013, while the industry's operating profit margin increased from 20.8% to 21.4% year-over-year.Mobile, paging and Internet services had the largest percentage growth in operating revenues from 2012 to 2013.  Internet services operating revenues increased 6.9% to $8.0 billion, while mobile and paging services operating revenues rose 3.5% to...