Q1 profits at Shaw jump 68.5% on "strong results" from Freedom Mobile

CALGARY – Shaw Communications credited its Freedom Mobile for gains in profits and revenues in its first quarter ended November 30, 2018.The Calgary-based company said Monday that it added approximately 66,000 net Wireless wireless revenue generating units (RGUs) in Q1 2019, consisting of over 86,000 postpaid additions and 20,000 prepaid losses, up from the 34,000 net RGUs posted in the first quarter of fiscal 2018.CEO Brad Shaw credited the influx in subscribers to promotions such as the Big Binge Bonus which he said “provides a strong value proposition to Canadians who increasingly want and use more wireless data.”“Our strategy to...