Subscribers, revenue, profits, all up among cablecos

OTTAWA-GATINEAU – Offering local telephone service just might be working out for Canadian cable operators. For anyone paying attention to the increasingly positive results for Canadian cable operators of late, the CRTC's figures on the industry, released today, will come as no surprise. Total revenues for cable companies passed $6 billion in 2006, a 12% increase over 2005. Subscribers also grew and profits before interest and taxes (PBIT) for cable companies totalled $1.4 billion in 2006, and the PBIT margin was 22.92%. However, within the report itself on the Commission's site, comparisons from year to year are not possible because...