Revenues at Canadian Cable companies continue to soar

Statscan released figures this week show that operating revenue for Canadian cable and direct-to-home satellite television companies totalled $10.3 billion in 2008, up a whopping 14.4% from 2007.

Despite the fact that Canada was in a recession in 2008, the industry still managed to rack up it’s third consecutive year of revenue growth in excess of 10%.

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