Cable / Telecom News

Quebecor adds 38,000 wireless subs, Péladeau keeps rhetorical heat on Bell

MONTREAL – Second quarter revenues for Quebecor came in at $1.06 billion, up 1.8% for the same quarter of 2018 after the company added 38,300 new wireless subscribers.Adjusted EBITDA for the period ended June 30th was $455 million, up 6.8% and net income attributable to shareholders was $140.2 million in the quarter, well ahead of last year’s $42 million.Cable and wireless division Vidéotron significantly increased its revenues from mobile telephony by 11.9% and Internet access by 2.6% in the second quarter of 2019. Vidéotron's total average billing per unit ("ABPU") was $50.20 in the second quarter of 2019, compared with...