Cable / Telecom News

Shaw turns $298.8 million profit as subscriber bases grow

CALGARY – Shaw Communications acquired 6,524 new basic cable TV subscribers for a total of 2,241,503 at the end of the second quarter ended February 29, according to financial figures released Friday. Its digital TV base grew 48,006 to 850,642, and the number of its Internet subscribers rose 31,517 to a total of 1,517,992. The number of its Digital Phone lines increased 56,536 to a total of 492,232. Its DTH satellite TV operator, Star Choice, signed on 4,977 new customers to bring the total number to 886,106. “Quarterly subscriber gains in Digital Phone and Digital were the strongest additions we...