Shaw Communications said Friday its profit in the quarter rose to $131.9-million or 31 cents a share from $128.1-million or 30 cents. Revenue increased almost 9 per cent to $861.4-million from $792.1-million.“Strong subscriber growth and solid operational performance delivered financial results year-to-date that keep us on track to achieve our financial guidance for the year, including generating free cash flow of at least $500-million,” chief executive officer Jim Shaw said in a statement.
The company said its basic cable subscribers rose 9,622 to almost 2.3 million, while digital customers rose 110,810, a quarterly record, to almost 1.2 million. Internet customers rose 24,625 to almost 1.7 million.
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