Cable & Telecom

Q2 profits rise 25% at Shaw

CALGARY – The sale of French-language channels Historia and Séries+ to its corporate cousin Corus earlier this year helped to push up second quarter net income at Shaw Communications.The company reported net income of $222 million for the quarter ended February 28, 2014, up from $182 million in the same period last year.  The current period benefitted from a $49 million gain realized on the sale of the two channels, as well as lower interest expense and amortization, the total of which was partially offset by higher income taxes.Consolidated revenue for the quarter of $1.27 billion increased 1.8% from $1.25...
 

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.