Videotron powers Q2 growth at Quebecor

MONTREAL – Sales growth at its Videotron subsidiary helped to buoy second quarter profits and revenues at Quebecor Inc., the company reported Thursday. Consolidated revenues for the quarter ended June 30 were $1.09 billion, up 3.1% year-over-year from $1.05 billion, while operating income dipped 0.2% to $357.8 million from $358.5 million. Net income attributable to shareholders rose to $67.0 million over $55.2 million last year, which the company said was predominantly due to non-operating items. Videotron marked revenue increases at all of its core services: Internet access was up 11.9%, cable television climbed 6.1%, mobile telephony service increased 56.9%, and...