Cable & Telecom

Led by wireless, Shaw’s Q1 profits up 28%

CALGARY – A surge in wireless customers helped to lift first quarter results at Shaw Communications, the Calgary-based company said Thursday.For the three month period ended November 30, 2017, net income jumped 28% to $114 million from $89 million in the same period last year.  The increase reflects a prior period non-operating loss partially offset by lower operating income from continuing operations and higher income taxes in the current quarter.Consolidated revenue from continuing operations for the quarter of $1.25 billion increased by 2.7% year-over-year, while operating income before restructuring costs and amortization of $481 million was down 4.6% over the...
 

Our industry and COVID-19

We've gathered a number of links where Canadian cable, radio, television, telecom and wireless companies have posted their responses to the Covid-19 pandemic.