Cable & Telecom

Wireless, internet growth boost Q4 profits at Shaw; CEO “delighted” with 2017 results; iPhone coming

CALGARY – Shaw Communications saw fourth quarter profits more than triple, helped by a lift in wireless and internet subscribers, the company reported Thursday.For the three month period ended August 31, 2017, Shaw saw net income jump to $481 million from $154 million in the same period last year, which it said reflects a $330 million gain on the sale of U.S. data centre business ViaWest Inc.Net income for fiscal 2017 was $851 million, down from the $1.2 billion reported in fiscal 2016, due to higher net income from discontinued operations in fiscal 2016, including the gain on the sale...
 

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.