Cable & Telecom

Shaw rebuild leads to down Q3

CALGARY – Shaw Communications lost more cable and internet subscribers than anticipated during its third quarter, and reported a $91 million loss, while adding a large number of wireless customers.In a conference call with the financial community after the release of its Q3 results, Shaw executives pointed to the ongoing restructuring of its organizational operations for the disappointing quarter.The $91 million loss was attributed to a $284 million charge related to its investment in Corus Entertainment. Corus took a large write-down in its Q3 announced yesterday. Shaw showed a $133 million profit in the same quarter a year earlier.“We are...
 

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.