Cable / Telecom News

Videotron leads Quebecor

MONTREAL – While the Quebecor Inc. continues to have difficulty with its huge printing operation, its media division, especially cable company Videotron, remains strong as the MSO continues to show positive subscriber gains, along with revenue and income increases. Quebecor Media posted revenues of $650.9 million in the third quarter of 2005, ended September 30th, an increase of 10.3% compared with the same period of 2004. All business segments without exception reported revenue increases. Operating income rose by 3.4% to $175.4 million. Year-to-date, Quebecor Media's revenue has increased by 10.2%, to $1.95 billion, and its operating income rose by 5.5%...