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...