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General

Shaw back in black in Q2, boosted by postpaid customer additions, higher ARPU

Tuesday 9 April 2019 | 15:20 CET | News
Shaw reported revenues for its fiscal second quarter to end February at USD 1.32 billion, off 1 percent from the year before. The operating profit however rose 13.7 percent to USD 549 million, minus restructuring costs and amortisation. The net result went to a profit of USD 155 million from a loss of 175 million. Results were helped by a stable growth at Wireline and subscriber additions at Wireless. CEO Brad Shaw noted that while the company "still (has) lots of work ahead," it is making progress on its strategic priorities and its work towards a "modern Shaw". A reduction in the company's

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Categories: General
Companies: Freedom Mobile
Countries: Canada
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