Cable & Telecom

Shaw sees eight-fold income increase

CALGARY – With voice customers growing at a good clip, Shaw Communications Thursday announced net income of $45.8 million in the second quarter, compared to net income of $5.7 million for the same quarter last year. Net income for the first six months of the year, ended February 28th, was $121.5 million, up from $50.4 million last year. Total service revenue (Shaw Cable plus Star Choice plus other services) of $611.2 million and $1.2 billion for the three and six month periods, respectively, improved 11% and 10% over the comparable periods last year. Consolidated service operating income before amortization of...
 

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.