CALGARY — Shaw Communications reported Monday a 2.1% increase in consolidated revenue in the first quarter of its 2020 fiscal year, bolstered in part by a strong 18.1% year-over-year increase in its wireless service revenue.
For the quarter ended November 30, 2019, Shaw’s consolidated revenue totalled $1.38 billion, compared to $1.35 billion for the same quarter in 2019. The company’s adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) improved 8.1% year-over-year to $588 million.
Wireless service revenue for the three-month period increased 18.1% to $196 million over the comparable period in fiscal 2019. Shaw attributed the strong performance of its…
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TORONTO – After more than 50 years in broadcasting (40 of them with CTV), news anchor Ken Shaw announced Friday he will be retiring from the anchor chair following his final newscast on Monday, Jan. 6, 2020.
Co-anchor (with Michelle Dubé) of Toronto's top newscasts CTV News at Noon and CTV News at Six since April 2001, Shaw first joined the CTV News Toronto team in 1979 as a breaking news reporter. He later moved to the national beat as national editor for the station, and then as weekday anchor for CTV News Channel, before returning to CTV News Toronto…
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GATINEAU – Both of Shaw Communications’ and Bell Canada’s direct to home and satellite relay disribution licences were renewed on Friday.
While a number of intervenors requested Bell add more high definition channels to its lineup and that Shaw be forced to keep the free local television satellite solution (LTSS) going, as we reported earlier this year, the CRTC ultimately declined those requests.
While Bell did commit to carrying 43 additional local channels (but can choose whether or not to carry them in HD) and Shaw has offered those LTSS customers rates of $10 and $25…
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CALGARY – Shaw Communications announced today its BlueCurve TV customers can access their Amazon Prime Video accounts from their TV set top boxes.
Prime joins other apps available to BlueCurve customers such as Netflix, YouTube and Crave – all of which can be searched along with traditional TV programming and on demand content using the service’s voice remote.
To access Amazon Prime Video via BlueCurve, customers will need an active Prime membership, which they then can authenticate through their set top box.
For more, click here.
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CALGARY – Shaw Communication said today announced it is expanding the availability of Freedom Home Internet, an internet product which was tested in Calgary in October, which is designed to give its wireless customers the fast download speeds and unlimited data they need to stay connected at home.
“Freedom Home Internet gives our customers access to all the in-home connectivity they want, paired with the innovative wireless plans from Freedom Mobile that they already love,” said Paul McAleese, Shaw’s wireless president.
Freedom Home Internet is designed for customers who also want a fast, self-managed, in-home internet service, adds the company. This…
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Shaw adds 266,000 wireless customers as wireless revenue passes $1B
CALGARY – Shaw Communications announced this morning its wireless revenue for its full fiscal 2019, ended August 31, 2019, surpassed $1 billion for the first time as the company added 266,000 new Freedom Mobile customers, including 90,700 in the fourth quarter.
The meant wireless operating income before restructuring and amortization grew 45% year-over-year to over $205 million, as of August 31st.
On the wireline front, Shaw added 34,700 net broadband customers during the full year (11,400 in Q4), but saw 106,000 cable TV customers depart, a 24% steeper decline than in 2018.
Total…
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GATINEAU – A program Shaw Communications offered a decade ago to grease the wheels of its acquisition of Canwest's television assets will end before the CRTC makes an official final decision on demands that it be renewed.
It's called the Local Television Satellite Solution, a free basic satellite subscription that was provided to people in areas that would have lost over-the-air TV service as a result of the digital television transition in 2011. It was funded with $15 million from the $180 million in tangible benefits Shaw proposed as part of its $2 billion acquisition of Canwest back in 2010.
The…
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CALGARY – Shaw Communications and eStruxture Data Centers today announced an agreement which will see eStruxture acquire the assets of Shaw's Calgary-1 data center.
The Canadian company acquired all contractual relationships residing in the facility and the existing operational and sales teams with the deal. The addition of Shaw's Calgary facility complements eStruxture's existing portfolio of five data centers in Vancouver and Montreal. Terms of the transaction were not disclosed.
"We're excited to announce the acquisition of the newest, most state-of-the-art data center in Calgary, and welcome Shaw's existing data center employees and customers to eStruxture," said Todd Coleman, president…
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TORONTO – Ken Stein, former senior vice-president of corporate and regulatory affairs at Shaw Communications, died last week of cancer. He was 76.
After a career as a senior public servant, where he worked closely with former Prime Minister Brian Mulroney as deputy secretary to the federal cabinet for a stretch, Stein was hired in 1991 as president of the former Canadian Cable Television Association. He then joined Shaw in 1995 and remained a key builder of the company until his retirement in 2011.
He also served on the board of the Shaw Rocket Fund and was the long-time chairman of…
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Back-to-school promo offers the latest phones, Big Gig Unlimited, starting at $50/month
CALGARY – Shaw Communications’ Freedom Mobile has dropped wireless pricing again by reducing the cost of wireless for Canadians with its Big Gig Unlimited plans and Absolute Zero promotions.
Both are featured in a new national advertising campaign marking the return of the notorious “Monolithic Wireless” and highlighting “unfair treatment of Canadian wireless customers,” reads the Freedom press release.
Top-end handsets such as the latest iPhones can be had for a $75/month Big Gig plan for 10GB of unlimited data (slowed after the monthly benchmark is reached), with no extra…
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