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UPDATE 2-Shaw Communications revenue rises on wireless customer additions
2017年4月12日 / 中午11点30分 / 5 个月前

UPDATE 2-Shaw Communications revenue rises on wireless customer additions

* Alek Krstajic to step down as CEO of Freedom Mobile

* Paul McAleese appointed COO of Freedom Mobile (Adds details)

April 12 (Reuters) - Canada’s Shaw Communications Inc reported a 13.3 percent rise in quarterly revenue on Wednesday, as it added more wireless customers and said Alek Krstajic would be stepping down as chief executive of its wireless unit.

Shaw did not have a wireless business before the acquisition of Wind Mobile in December 2015 for C$1.6 billion. The unit was rebranded as Freedom Mobile and added 33,582 postpaid customers in the second quarter ended Feb. 28.

The company on Wednesday also named Paul McAleese as chief operating officer of its wireless unit.

Calgary-based Shaw’s net income fell to C$147 million, or 30 Canadian cents per share, from C$164 million, or 32 Canadian cents per share, a year earlier.

The company’s quarterly expenses rose to C$764 million from C$649 million, a year earlier.

Excluding items, the company earned 30 Canadian cents per share, in line with the average analysts’ estimate. Quarterly revenue rose to C$1.30 billion from $1.15 billion.

U.S.- and Toronto-listed shares of Shaw jumped over 4 percent in morning trading. (Reporting by Ahmed Farhatha in Bengaluru; Editing by Shounak Dasgupta)

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