0
General

Quebecor posts revenue growth of 1.1% in Q1

Thursday 8 May 2014 | 16:14 CET | News
Quebecor's first-quarter revenues rose year-over-year by CAD 11.4 million, or 1.1 percent to reach CAD 1.04 billion. Adjusted operating income was CAD 346.5 million, 6.6 percent. Net income rose to CAD 40.7 million or CAD 0.33 per share from CAD 35.6 million or CAD 0.29 per share a year ago. Adjusted income from continuing operations was USD 49.3 million or USD 0.40 per share. The Telecommunications segment grew its revenues by4.8 percent, and its adjusted operating income by 7.0 percent. Videotron recorded first-quarter revenue increases for all of its major services: internet access (CAD

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: General
Companies: Quebecor / Videotron
Countries: Canada
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Quebecor narrows net loss in second quarter

Published 01 Aug 2014 10:38 CET | Canada
Quebecor reported revenue up 0.6 percent to CAD 1.07 billion in the second quarter, compared to the second quarter of 2013. Its ...

Videotron launches Fibre Hybrid internet plans

Published 17 Jul 2014 10:27 CET | Canada
Canadian operator Videotron has introduced a six new Fibre Hybrid internet plans for residential customers. Current subscribers ...

Videotron introduces new illico iPad app

Published 05 Jun 2014 22:12 CET | Canada
Videotron has unveiled a new version of its illico app for the iPad. The illico iPad app features a customisable, intuitive ...

Mulroney to be appointed chairman of Quebecor

Published 29 May 2014 16:11 CET | Canada
Former Prime Minister Brian Mulroney is slated to assume more responsibility at telecom and media company Quebecor, as the ...

Videotron appoints Brouillette as president and CEO

Published 08 May 2014 15:39 CET | Canada
Pierre Dion, President and CEO of Quebecor, has announced the appointment of Manon Brouillette as president and CEO of Videotron. ...

Quebecor CEO resigns

Published 29 Apr 2014 19:48 CET | Canada
Robert Depatie has announced his decision to retire for health reasons and to resign as president and CEO of Quebecor and ...

Quebecor Media announces early redemption of 7 3/4% notes

Published 09 Apr 2014 21:40 CET | Canada
Quebecor Media has announced the early acceptance of tendered 7 3/4 percent senior notes due 15 March 2016 in connection with its ...