Cable & Telecom

Moto investment, VOIP subs, lead Shaw’s Q4

CALGARY – Fourth quarter net income of $66.4 million was way ahead (130%) of the fourth quarter of 2004 for Shaw Communications. Driving that big increase was a $31 million pre-tax gain on the settlement of a forward sale contract related to an investment with Motorola which contributed $21.7 million to net income. Even without that investment boost, net income in the fourth quarter, ended August 31st, rose 54%. Annual net income was $160.6 million, up from $90.9 million last year. Total service revenue of $563 million for the quarter and $2.2 billion for the year grew 5.9% and 6.3%...

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.