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Shaw's profit climbs on price hikes, asset sale; TV subscribers exit
2015-10-22 17:32:42| Telecom - Topix.net
Shaw Communications Inc. reported a sharp jump in fourth-quarter profit on Thursday, helped by the sale of wireless airwaves and price increases, but shed large numbers of retail television customers and barely added consumer Internet subscribers. The Calgary-based cable company said net income rose to $276-million, or 57 cents per share, from $192-million, or 40 cents per share, a year earlier.
Tags: price
sale
profit
exit
Category:Telecommunications