Cable & Telecom

Shaw president scolds competitors’ pricing strategies

Company adds 60,000 wireless subs in Q4 CALGARY – While so many industries and companies have suffered through the Covid-19 crisis, Canadian telecoms like Shaw Communications have proven resilient because people need connectivity. This pandemic has shown that like never before. The company’s fiscal 2020 results released Friday were in line with pre-Covid guidance, including adjusted EBITDA growth of 3.7% and free cash flow of $747 million, and included an addition of 60,000 new wireless subscribers in the fourth quarter (which includes Freedom Mobile and newly launched Shaw Mobile), ended August 31st. Wireless service revenue grew 17.4% to approximately $815...
 

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.