Cable / Telecom News

Look reports revenue reduction

TORONTO and MONTREAL – Despite a decrease in operating expenses, Look Communications reported a drop in both revenue and EBITDA for their fiscal year. Service and sales revenue of the wireless data and video company for the year ended August 31, 2008 was $20.3 million compared to $24.6 million for the previous year, and EBITDA showed a $1.7 million loss compared to a loss of $900,000 last year, says the company press release. www.look.ca