Shaw's digital penetration passes 50% as Q3 shows continued growth

CALGARY – The global economic downturn hasn’t seemed to have taken much of a bite out of Shaw Communications. The company today announced its third quarter results which showed healthy, near across the board growth in most metrics. Consolidated service revenue for the three and nine month periods (ending May 31st) of $861 million and $2.52 billion, respectively, was up 9% and 10% over the same periods last year. Service operating income before amortization of $395 million and $1.14 billion, respectively, improved 11% and 10% over the comparable periods. Funds flow from operations increased to $356 million and $1 billion...