Cable / Telecom News

Shaw’s revenue, EBITDA, climb

CALGARY – Shaw Communications announced Thursday its consolidated revenue increased by 1.8% to $1.39 billion in the second quarter ended February 28, 2021, as compared to the prior year’s Q2. Its adjusted EBITDA increased 6.2% year-over-year to $637 million and net income increased 29.9% to $217 million. Second quarter results do not include any costs or financial impacts from the proposed transaction with Rogers, says the press release. The company did not hold a conference call with financial analysts and the messaging in its press release was heavy on the merger. “Our country has been a leader in building and...