Cable & Telecom

Q1 profits, TV customers, slide at Shaw

CALGARY – Despite an increase in revenue, Shaw Communications saw first quarter profits drop by 4%.For the three month period ended November 30, 2015, Shaw posted net income of $218 million, down from $227 in the prior year, primarily from higher income taxes and amortization, partially offset by an improvement in operating income before restructuring costs and amortization.Revenue for the quarter of $1.42 billion was up 2.2% from $1.39 billion year-over-over, reflecting growth in its Consumer, Business Network Services and Business Infrastructure Services divisions. The improvement is primarily attributed to customer growth in both the Business Network Services and Business Infrastructure...
 

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.