Cable & Telecom

Q4 profits, revenues on the rise at Shaw

CALGARY – Shaw Communications saw fourth quarter profits jump by nearly 44% thanks in part to the sales of wireless spectrum to Rogers earlier this year.For the three month period ended August 31, 2015, Shaw said that net income was $276 million, while consolidated revenues grew 6.3% to $1.34 billion year-over-year, primarily attributable to the operations of ViaWest, organic customer growth in Business Network Services as well as Consumer division rate increases introduced earlier this year.Total operating income before restructuring costs and amortization for the quarter of $573 million improved 9.1% primarily due to the acquisition of ViaWest and the...
 

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.