Cable / Telecom News

Wireless gains buoy Q2 results at Shaw


CALGARY – New Freedom Mobile subscribers combined with slowing TV, Internet and landline customer losses helped to power Shaw Communications to its best quarterly subscriber performance in five years, the company said Wednesday.For the three month period ended February 28, 2017, consolidated revenue from continuing operations of $1.30 billion increased by 13.3% from $1.15 billion year-over-year, while operating income before restructuring costs and amortization for the quarter of $540 million improved 7.6% over the comparable period.  Excluding the results of the Wireless division, acquired on March 1, 2016, revenue for the quarter from the combined Consumer, Business Network Services and...