Quebecor credits Videotron for “solid” Q1 results

MONTREAL – Quebecor increased revenues 1.1% for the first quarter, noting growth was driven primarily by its Telecommunications segment.For the period ended March 31, 2104, revenues were $1.04 billion, up from $1.03 billion in the same period of 2013, while adjusted operating income was $346.5 million, a 6.6% increase over $325 million last year.Net income attributable to shareholders increased to $40.7 million compared with $35.6 million year-over-year, and adjusted income from continuing operations grew to $49.3 million versus $36.0 million.Videotron grew its first quarter revenues by $31.8 million (4.8%) and its adjusted operating income by $21.9 million (7.0%) in the...