Videotron’s internet, mobile sales climb 13.7%, 81.6%

10 May 2012

Quebec-based quadruple-play cableco Videotron has reported that in the first quarter of 2012 its revenues from its telecoms services division rose by 10.7% year-on-year to CAD645.8 million (USD644.7 million), as cable broadband internet access grew by CAD23.0 million or 13.7% to CAD191.4 million, cable telephony revenue climbed 4.1% to CAD111.7 million and mobile voice/data services turnover jumped by 81.6% or CAD16.9 million to CAD37.6 million. This progress augmented cable TV sales which grew by 9.1% y-o-y to CAD268 million in January-March 2012, and helped push the telecoms segment’s Q1 operating income up by CAD48.5 million (19.1%) y-o-y to CAD303 million. Videotron’s mobile subscriber base increased by 22,000 in three months to reach 312,800 at 31 March 2012, while it added 8,000 broadband subscribers in the quarter, for a total of 1.341 million.

Canada, Videotron