Cable / Telecom News

Quebecor ends 2013 with a loss; remains mum on spectrum plans

MONTREAL – Despite an uptick in revenue, Quebecor Inc. ended 2013 with a net loss of $133.9 million, the company said Thursday.Revenue for the year ended December 31, 2013 was $4.28 billion, up 0.7% from $4.25 billion in 2012, while adjusted operating income rose 5.1% to $1.45 billion over $1.38 billion last year.  Adjusted income from continuing operations shot up to $214.1 million versus $182.3 million in 2012.The Montreal-based company reported a net loss attributable to shareholders of $133.9 million for 2013, a significant turnaround from a net income of $161.1 million in 2012.  It said the loss was due to...