Cable / Telecom News

Look continues to restructure


TORONTO and MONTREAL - "We have continued the successful restructuring of our existing operations. This is the second consecutive quarter and the eighth consecutive month that the company has been EBITDA positive," said Gerald T. McGoey, CEO of Look Communications, which announced its first quarter results late yesterday. “By enhancing and simplifying our present fixed service offerings, we are also positioning the company to be able to offer our customers Mobile Multi Media services." Revenue for the three months ended November 30, 2005 was $8.4 million and gross margin was $4.3 million. For the three months ended November 30, 2004,...