Videotron's cable broadband revenues up 10.6%

15 Mar 2013

Quebec-based quadruple-play cableco Videotron, part of the Quebecor group, has reported its annual results for 2012, in which total revenues grew by 8.4% to CAD2.64 billion (USD2.57 billion) and operating profit climbed by 11.5% to CAD1.23 billion. Cable broadband internet revenues rose by 10.6% to CAD772.5 million in full-year 2012 and cable telephony turnover increased by 4.2% to CAD454.9 million, helped by an increase in corporate/SME customers, while mobile revenues grew by 52.3% to CAD171.6 million.Cable TV revenue was up 6.6% to CAD1.08 billion helped by higher monthly rates as well as digital and HD service migration.

Videotron reported 4.92 million revenue generating units (RGUs) at 31 December 2012, including 1.86 million cable TV customers, 1.39 million broadband lines in service and 1.26 million cable telephony users; mobile customers reached 402,600 by the end of the year. In the fourth quarter the company added 2,100 cable TV connections, 18,100 internet subscribers, 15,200 fixed telephony customers and 24,300 mobile subscribers.

Canada, Videotron