Cable / Telecom News

Quebecor Q3 2022 revenue falls slightly

CEO accuses Bell of refusing to negotiate MVNO rates in good faith MONTREAL – Quebecor announced today its third quarter 2022 financial results, which show the company’s revenues were $1.1 billion – a slight decrease from Q3 2021. Adjusted EBITDA was also slightly down at $518 million. In Quebecor’s telecommunications segment specifically, the company reported $942.2 million in revenue, which is an increase from $939.5 million in the same quarter the previous year. Adjusted EBITDA in the segment was $489.5 million, up from $476.8 million. In the media segment, the company reported revenue of $170.1 million – down from $190.6...