Cable / Telecom News

Shaw tops a million digital subs


CALGARY – Thanks to a new box rental program, Shaw Cable has now surpassed the one-million mark when it comes to digital subscribers. While that didn’t happen in the first quarter of fiscal 2009, ended November 30th, 2008, it has happened since, the company said late Wednesday. Consolidated service revenue and service operating income before amortization of $817 million and $368 million, respectively, improved 10% and 11% in the first quarter of the fiscal year, compared to Q1 2008. Funds flow from operations increased to $312 million compared to $286 million in the same period last year. During the quarter...