CALGARY – Shaw Communications saw fourth quarter profits more than triple, helped by a lift in wireless and internet subscribers, the company reported Thursday.
For the three month period ended August 31, 2017, Shaw saw net income jump to $481 million from $154 million in the same period last year, which it said reflects a $330 million gain on the sale of U.S. data centre business ViaWest Inc.
Net income for fiscal 2017 was $851 million, down from the $1.2 billion reported in fiscal 2016, due to higher net income from discontinued operations in fiscal 2016, including the gain on the…
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MONTREAL – After getting into wireless last year with the purchase of Wind (now Freedom) Mobile, many expect Shaw to soon start offering wireline/wireless bundles in the west just as Telus, its biggest competitor, already offers.
But the telco isn’t worried, Stephen Lewis, Telus’ senior vice-president and treasurer, told a CIBC investor conference on Wednesday. “We’ve seen this coming for a number of quarters and we are very confident in the preparation we’ve done for when they do bring the Shaw wireless brand to market,” he said.
He cited the “robustness” of Telus’ Internet and OptikTV offering and its continuing installation of…
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CALGARY – Western Canadians now have a new way to binge-watch their favourite content after Shaw said Thursday that it has integrated Netflix with its BlueSky TV product.
Beginning immediately, customers who subscribe to Shaw BlueSky TV, Shaw WideOpen Internet 150 and Netflix can watch thousands of shows and movies through one integrated platform. Using the Shaw BlueSky TV voice remote, subscribers can easily find any title provided through Netflix, in addition to live TV, video-on-demand, and recorded content.
"Shaw BlueSky TV has already revolutionized the way Western Canadians watch TV by making it quick and easy to find the shows…
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OTTAWA – Canada’s publicly traded television service providers combined lost 22% fewer TV subscribers in the first half of 2017 compared to the same period in 2016, bucking the recent trend of accelerating TV cord-cutting in, according to new research released Monday.
Ottawa-based research and consulting firm Boon Dog Professional Services also found that BCE, Rogers, Shaw/Shaw Direct, Vidéotron, Cogeco, and Telus combined lost approximately 100,931 TV subscribers in their respective fiscal 2017 first and second quarters, down from the 129,000 lost in the same quarters in 2016.
“The significant turnaround in TV subscriber performance at Shaw Cable as a…
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Now carried by all major TV providers in Canada
TORONTO — beIN Sports has announced a new distribution deal with Shaw Communications that makes the global sports network available to all Shaw Cable and Shaw Direct Satellite TV customers.
Known for its live coverage of the top soccer leagues from around the world, beIN Sports is making its Shaw Cable debut just in time for the start of the top European soccer leagues — Spain’s La Liga, Italy’s Serie A, France’s Ligue 1 and England’s Sky Bet Championship.
beIN Sports, which provides exclusive Canadian coverage of top international sporting events, such as…
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CALGARY — Shaw Communications has completed the sale of its wholly owned ViaWest subsidiary to GI Partners portfolio company Peak 10 Holding Corporation for US$1.675 billion, the company announced on Aug. 1.
ViaWest provides hybrid IT solutions, including colocation, cloud computing and security and compliance for North American enterprises.
Proceeds from the transaction were used for the repayment of ViaWest level indebtedness, repayment of Shaw credit facility borrowings associated with the original ViaWest investment in 2014 and subsequent INetU acquisition in 2015, as well as the previously announced closing of the spectrum purchase from Quebecor on July 24, 2017, payment of…
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CALGARY — Shaw Communications is teaming up with 20 Calgary-area golf courses to launch its first-ever Shaw Charity Classic Make Your Mark Day, benefiting the lives of children and youth across southern Alberta.
On Sunday, August 6, golfers in Calgary can attempt to make a birdie at the designated Make Your Mark par-3 hole at any one of the participating courses. For every birdie scored, Shaw will donate $100 to support children and youth charities across Alberta through the Shaw Charity Classic, up to $100,000. Every Make Your Mark Day participant will also be entered to win an exclusive, inside-the-ropes…
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CALGARY — Shaw Communications customers in western Canada can now wave goodbye to data caps as the company announced it is offering unlimited data to its WideOpen Internet 150 subscribers.
With download speeds of up to 150 megabits per second and available to more than 99% of western Canadians within Shaw’s footprint, WideOpen Internet 150 now lets customers stream, download and browse the Internet without fear of going over monthly data limits.
“Canadians love the Internet, and are using more data than ever before. At times though, they can be hindered by restrictive caps and costly overage fees that can curb…
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MONTREAL and CALGARY – Quebecor said Monday that it has finalized the sale of seven wireless spectrum licences outside of Quebec to Shaw after receiving regulatory approval from both the Competition Bureau and Innovation, Science and Economic Development Canada.
The $430 million cash deal, first announced in June, includes three 700 MHz licences covering southern Ontario and the entirety of Alberta and British Columbia, and four 2500 MHz licences covering Toronto, Edmonton, Calgary and Vancouver, all originally held by Quebecor-owned Videotron.
The proceeds will enable Videotron to continue investing in the development of its network in Quebec and Eastern Ontario,…
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WINNIPEG – Just in time for Canada Summer Games in Winnipeg, Shaw Communications said that it will be providing residents and visitors with free access to Shaw Go WiFi at thousands of hotspots across the city from Friday, July 21 to Monday, August 21.
Fans and visitors who share their experiences can use Shaw Canada Summer Games Snapchat filter to make a difference for the next generation of athletes. Each time someone uses the Shaw Canada Summer Games Snapchat filter during the Canada Games, Shaw will make a donation to support KidSport Manitoba up to a total of $25,000.
"As…
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