Cable / Telecom News

Rogers-Shaw merger makes more sense than ever as cablecos shift focus away from shrinking pay-TV to broadband


WHILE THE CANADIAN SUBSCRIPTION television market is at the beginning of a decade-long decay, growth is still in the cards for cable and telecom companies in Canada thanks to the world’s shift to broadband, says a new report from Scotiabank.The report, entitled “Embrace the Evolution” (whose cover photo is pictured) says thanks to broadband internet “the growth outlook is bright” for telcos and cablecos (1%-1.5% revenue growth and 2.5%-3.5% in EBITDA growth), due partially to more predictability on the capital expenditure front – and the concentration on more profitable broadband products and services.However, it won’t be pretty on the traditional...