Cable / Telecom News

Shaw posts solid quarter despite uncertainty, re-hires half of furloughed staff

McAleese decries pricing discipline of Big Three By Greg O'Brien CALGARY – While the Covid-19 crisis has hit everyone hard, Shaw Communications posted what can only be considered a good third quarter, considering all that has happened during the pandemic. It announced its Q3 results after the markets closed on Friday. Also, with 90% of its stores now reopened (albeit with much less traffic so far) and customer activity increasing in its wired and wireless (Freedom Mobile) segments, executives also said Friday the company has rehired 50% of the approximately 1,000 employees it furloughed in April. “While we continue to...