CALGARY – Shaw Communications Inc. announced last Friday its fourth quarter and full year financial and operating results, which include increases in net income by 44% and 43% respectively.
“Consolidated revenue increased 2.1% year-over-year to $1.38 billion, adjusted EBITDA increased 3.4% year-over-year to $614 million and net income increased 44% to $252 million,” a press release says.
For fiscal 2021, Shaw reported revenue increased 1.9% to $5.5 billion and adjusted EBITDA grew 4.6% to $2.5 billion. Net income for 2021 increased 43.3% to $986 million.
In Q4, Shaw “added approximately 60,500 new Wireless customers,” the press release said. “Postpaid net additions of approximately…
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OTTAWA – With control of Rogers Communications now before a B.C. judge, the Public Interest Advocacy Centre and National Pensioners Federation has asked the CRTC to hold off on the public hearing into the purchase of Shaw Communications by Rogers Communications.
“The press has reported on a series of events unfolding at Rogers that call into question the legal status of the existing board of directors, and whether the current officers of the company have the confidence of the board of directors or whether they will even remain as officers of…
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DAWSON CITY, WATSON LAKE and UPPER LIARD, Yukon — Northwestel announced today it has launched full fibre-to-the-home (FTTH) Internet service to more than 1,000 homes in three Yukon communities.
Residents and businesses in Dawson City, Watson Lake and Upper Liard “now have access to unlimited data and Internet speeds 16 times greater than previously available,” says a press release.
“Maximum residential Internet speeds in these communities have increased from 15 Mbps to 250 Mbps (download speed) and now far surpass the CRTC’s universal service objective of 50 Mbps,” reads the release.
These are the first fibre upgrades as part of Northwestel’s Every…
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TORONTO – Wednesday evening, Robert Gemmell, Alan Horn and Philip Lind all issued statements weighing in on the ongoing power struggle at Rogers Communications Inc. (RCI) and supporting Edward Rogers.
The statements follow the filing of court documents by Mr. Rogers in the Supreme Court of British Columbia Tuesday, and subsequent reports disputing some of the information laid out by Mr. Rogers in those documents.
Gemmell, who notes in his statement he has been an independent director at RCI since 2017, said: “As Board Chair, Edward has always acted deliberately with consideration and with preference for consultation. The discussion…
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You can’t fight public interest, he warns
By Amanda OYE
MONTREAL – Pierre Karl Péladeau (above) wants everyone to know Videotron is ready to expand outside Quebec.
“We’re not a Monday morning quarterback – we’ve been there, we’ve done that and we’re ready to go,” said Péladeau in an interview with Cartt.ca.
Péladeau is president and CEO of Quebecor, Videotron’s parent company, and has also been president and CEO of Videotron since June.
Videotron got into mobile back in 2006 when it “started as an MVNO (mobile virtual network operator) on Rogers’s network,” he said.
“We, at that time, thought that we would need…
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VANCOUVER, WINNIPEG and TORONTO — Ayasew Ooskana Pictures, APTN and CBC/Radio-Canada announced today production has begun on the new original five-part drama and feature film Bones of Crows, created by award-winning writer, director and producer Marie Clements.
Casting was also announced for the character-driven series, which will star Grace Dove (above, Monkey Beach) as Cree matriarch Aline Spears who “survives a childhood in Canada’s residential school system to continue her family’s generational fight in the face of systemic starvation, racism, and sexual abuse,” reads a press release.
“She uses her uncanny ability to understand and translate codes into working for a…
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VANCOUVER – In his capacity as chair of the Rogers Control Trust, Edward Rogers filed documents in the Supreme Court of British Columbia on Tuesday in a move towards establishing the validity of his version of the board of Rogers Communications Inc. (RCI).
In his petition, Mr. Rogers asks the court to declare “the written consent resolution dated October 22, 2021, signed by the shareholders holding at least two-thirds of the Class A Voting Shares of RCI is valid and effective.” This would resolve the issue of there currently being two boards claiming to be the one and only RCI…
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By Ahmad Hathout
TORONTO – Telus Corp. has lost one step in its Federal Court case to stop Quebecor’s Videotron from getting its hands on 3.5 GHz spectrum licenses in western Canada.
A Federal Court judge on Friday denied Telus’ request to order Innovation Canada to temporarily halt the issuance of the licenses during the time the court deliberates on the arguments in the case.
At a hearing last week, Videotron and the counsel for the Attorney General of Canada both told the Court if Videotron is not issued the licenses in British Columbia, Alberta and Manitoba, it would be at…
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CALGARY — Shaw Communications announced today students and teachers in British Columbia and Alberta now have access to Ignition, a digital literacy course developed by social impact education innovator EVERFI Inc. that is “designed to help students in grades 6-9 develop the skills they need to navigate online content and social media safely and confidently,” says a press release.
The curriculum for the six-lesson course is being made available to B.C. and Alberta schools at no cost through support from Shaw, according to the release.
“As the ability to learn, play and access information through technology becomes seamless across devices in…
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With two overlapping boards, observers left to wonder, who’s in charge?
– Staff
TORONTO – While the son of the company founder announced late Friday he has created a new board of directors to take charge of Rogers Communications, the existing board and its senior executives are insisting they will not stand down and that the new board announced by Edward Rogers is illegal.
The company has been gripped by scandal for nearly a month now as Edward has been trying to remove CEO Joe Natale and several other corporate leaders (The Globe and Mail originally broke the story). The RCI…
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