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General

Shaw advances revenues, operating profit in Q1 boosted by Wireless, cost savings

Monday 14 January 2019 | 17:05 CET | News
Shaw said revenues for its fiscal first quarter to end November 2018 lifted 8.8 percent from the year before to USD 1.36 billion. The operating profit before restructuring costs and amortisation increased 13.5 percent to USD 545 million while the net profit went higher to USD 187 million from 111 million. Results were helped by solid growth at Wireless, Business and Consumer Internet, as well as cost saving initiatives. Shaw said it is on track to meet its guidance for full year 2019. The company added that the deployment of its 700 MHz spectrum is now 25 percent complete.  Finally, the

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Categories: General
Countries: Canada
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