Cable & Telecom

Videotron growth buoys Q3 revenues, profits, at Quebecor

MONTREAL – Quebecor saw its third quarter profits jump by $40 million from the same quarter last year as a result of growth in all of its business segments.For the period ended September 30, 2015, net income attributable to shareholders was $85.1 million, up from $45.1 million in the same period of 2014, due primarily to a $139.1 million non‑adjusted‑operating-income gain on litigation as a result of a Supreme Court decision ordering Bell ExpressVu to pay compensation to Quebecor’s Videotron and TVA Group.Quebecor's revenues increased 9.5% year-over-year to $971.7 million, and adjusted operating income grew 8.2% to $391.4 million.  On an...
 

Our industry and COVID-19

We've gathered a number of links where Canadian cable, radio, television, telecom and wireless companies have posted their responses to the Covid-19 pandemic.