Cable & Telecom

Shaw hits Q3 targets

CALGARY – Shaw Communications last week posted a revenue increase of 4.8% to $1.38 billion for the company’s third quarter of 2021, which ended on May 31st, compared to the same quarter in 2020. The company also saw an increase of 5.4% to $642 million, in its adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) in the quarter. Shaw’s Q3 results included what it called “incremental wireline consumer revenue of approximately $20 million related to the release of a provision following the CRTC decision on final aggregated third party internet access (TPIA) rates.” “Our third quarter and year-to-date results...

Our industry and COVID-19

We've gathered a number of links where Canadian cable, radio, television, telecom and wireless companies have posted their responses to the Covid-19 pandemic.