Shaw Communications, headquartered in Calgary, Alberta, is a Canadian telecommunications company that provides cable television, digital telephony, and Internet services mostly in British Columbia and Alberta, with smaller systems in Saskatchewan, Manitoba, Northwestern Ontario and Hamilton, Ontario.
The company also offers direct-to-home satellite television service across Canada under the Shaw Direct banner, formerly known as Star Choice
Rogers Communications Inc. today announced its consolidated financial and operating results for the company’s fiscal first quarter ended March 31, 2011.
For the January to March 2011 quarter, Rogers reported overall operating revenues of just under $3 billion, up 4 percent from the same period a year earlier. Net income for the quarter was $423 million, up 7 percent from $397 million in the first quarter of 2010.
Cogeco, the nation’s fourth largest cable provider, today announced its financial results for the second quarter of its 2011 fiscal year which ended February 28, 2011.
Cogeco reported overall revenue for the quarter increased by 6.6% from the same period a year earlier to $350.6 million while operating income rose 9.3% to $136 million. Revenue and operating income for the first six months of the year were up 5.5% and 7.6% to $693.4 million and $121.9 million respectively.
Videotron, Quebec’s largest cable company, recently announced it had logged its seventh consecutive year of subscriber growth in 2010 with gains in every area of its business including cable, digital phone, internet services and wireless.
By the end of 2010, Videotron had 1,811,600 subscribers to its cable television service, up marginally from 1,777,000 a year earlier. While the gains in basic cable were modest, the number of more profitable digital cable customers rose 12.5% from 1,084,100 at the end of 2009 to 1,219,600 by the end of 2010.
It has now been six years since cable telephony first launched in this country and the number of Canadians receiving cable telephone service from Canada’s big four cable companies – Rogers, Shaw, Vidéotron and Cogeco – is now over 3.6 million subscribers.
By comparison, Canada’s traditional telecommunication giants – BCE and Telus – have just under 13 million subscribers.
Rogers Cable began notifying customers this week that they can expect rate increases for their cable, high speed internet and home phone service beginning March 1st.
The biggest increases are in cable television where basic cable is set to shoot up 3.2% to $32.49 a month while VIP Digital Cable customers will see rates increase a whopping 5.8% to $63.99 a month
It has now been over five years since cable telephony first launched in this country and the number of Canadians receiving cable telephone service from Canada’s big four cable companies – Rogers, Shaw, Vidéotron and Cogeco – now tops 3.5 million.
Using numbers published in the respective company’s most recent financial results, Digital Home has calculated that the big four cable providers now have 3,547,003, up 18.2% from the same time in 2009 and up 46% from the same time in 2008.
In financial results released today, Shaw Communications announced that it now has over one million customers subscribing to its digital phone service.
As of May 31, 2010, Shaw had 1,044,410 landline telephone customers, up 45.1% from 719,376 a year earlier. The percentage of Shaw Basic cable customers who subscribe to the digital phone service now stands at 44.8%.