CALGARY and TORONTO – Alek Krstajic is stepping down as CEO of Shaw-owned Freedom Mobile while Paul McAleese was named Chief Operating Officer.
Shaw made the announcement early Wednesday, in conjunction with the release of its second quarter financial results which saw its Wireless division add over 33,000 new postpaid and prepaid wireless subscribers in the three month period.
“We thank Alek Krstajic for his leadership over this past year," said CEO Brad Shaw, in the announcement. "During that time, Alek was instrumental in activating Freedom's LTE-Advanced network and in providing customers with the best value and an enhanced connectivity…
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CALGARY – New Freedom Mobile subscribers combined with slowing TV, Internet and landline customer losses helped to power Shaw Communications to its best quarterly subscriber performance in five years, the company said Wednesday.
For the three month period ended February 28, 2017, consolidated revenue from continuing operations of $1.30 billion increased by 13.3% from $1.15 billion year-over-year, while operating income before restructuring costs and amortization for the quarter of $540 million improved 7.6% over the comparable period. Excluding the results of the Wireless division, acquired on March 1, 2016, revenue for the quarter from the combined Consumer, Business Network Services…
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THE SUBSCRIPTION TELEVISION industry likes to say that outright cord-cutting (defined as when a consumer abandons a TV subscription altogether) is still a pretty small phenomenon.
So far, overall, that remains technically true. The latest numbers show about two percent of Canadian households with a TV subscription have chosen to cut the cord and stop subscribing to traditional TV. Generally, it’s been a story of “flat is the new up”, while inside of the likes of Rogers, Shaw, Cogeco, Bell and others, hardworking employees are doing their best to swallow hard every day and manage substantial…
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TORONTO – Corus Entertainment saw revenues increase by 86% for its second quarter ended February 28, 2017, but rising costs helped to weigh down profits.
The company said Thursday that net income attributable to shareholders for the quarter was $24.9 million, well below the $102.2 million posted in the same period last year, which includes business acquisition, integration and restructuring costs of $0.9 million. Adjusting for the impact of this item resulted in an adjusted net income attributable to shareholders of $25.6 million.
Consolidated revenues for the quarter of $368.2 million jumped from $197.7 million year-over-year, while consolidated segment profit of…
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Shaw telling customers it's time to talk to your television
CALGARY – Shaw Communications’ next generation of television, BlueSky TV, is now available across Western Canada, the company announced Wednesday morning.
Powered by Comcast's next generation X1 platform, BlueSky TV's interface allows customers to access live programming, DVR recordings, on-demand shows and streaming services all in one place. The voice-activated remote lets customers find content by title, genre, actor name or even by famous movie quote. New content can be discovered by saying "recommendations" or asking the remote "what's trending" to see what content is popular with other BlueSky TV users…
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TORONTO – ZoomerMedia's OneTV is getting fit for spring with a fresh tagline and a new original new fitness series.
Anjelica’s Dance Workout, which will debut April 3 and air daily at 8:00 AM ET and 7:00 PM ET, is a new 30-minute exercise show that incorporates Flamenco, Bellydance, Brazilian, Irish, and contemporary world dance into an easy-to-follow and fun cardio routine for all ages, shapes, and sizes. Executive produced by ZoomerMedia founder Moses Znaimer, the show stars Toronto-based dancer, actor and comedienne Anjelica Scannura (pictured below). Click here for a promo.
While OneTV’s genre remains the same, the new…
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TORONTO – Canadian sports fans now have an all-access pass to beIN Sports during a free preview on now through April 19.
The freeview will serve up exclusive access to coverage of the UEFA Champions League quarter-final match featuring Bayern Munich vs Real Madrid on April 12 at 2:45 PM ET, soccer action from LaLiga, Serie A and Ligue 1, and international MotoGP Grand Prix races from Qatar and Argentina.
“From top European soccer to thrilling motorcycle racing, this is an extraordinary opportunity for Canadians to experience a jam-packed month of international sports coverage and to discover all the excitement that beIN…
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TORONTO – Competition between Canada’s telecommunications and cable companies will rise to unprecedented levels in the coming years as companies keep spending to improve their network fibre-optic infrastructure, according to a new report from Moody’s Investors Service.
The report, ‘Broadband Communications – Canada: Unique Market Structure Guides Capital Spending for Broadband Providers’, says the investment is unlikely to yield a definitive winner in the long run. Rather, based on their investments and advances in internet protocols, the companies' technological capabilities are more likely to converge.
"Canadian broadband communications companies will continue investing in their networks over the next decade, driving their…
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Rogers Media, Bell Media, boost commerical wholesale rates
TORONTO – As of May 1st, TSN, RDS and Sportsnet will no longer be included in the basic TV packages of businesses which have a liquor licence (outside Quebec), Bell TV has told its business customers.
These channels will instead be offered separately in two premium sports packages at an additional cost determined by the business’ seating capacity, the company told customers. Without a business account number, we can’t see what the new costs are, but you can click here for the explanation.
UPDATE: Cartt.ca has learned that since this…
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Says the company is in no hurry to sell spectrum outside of Quebec
MONTREAL – Quebecor turned in a good fiscal 2016 on Wednesday as revenues and income climbed on wireless additions and better than expected cable subscriber results.
2016 revenues were $4.02 billion, up 3.2% from 2015 and adjusted operating income was up 3.7% to $1.49 billion. Net income attributable to shareholders was $194.7 million, an increase of $42.9 million over 2015. Adjusted income from continuing operating activities was $305.5 million an increase of 27.3%.
Vidéotron significantly increased its revenues from mobile telephony (by $106.7 million or 26.4%), Internet access ($58…
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