Shaw Reports on 2011 4Q Results

Shaw Communications Inc., one of Canada’s leading telecommunications providers, announced consolidated financial and operating results for the three-month period ending on November 30, 2011. The company revealed that the number of Internet subscriptions slowed during this timeframe, adding 40,298 subscribers for a total of 1,877,916. This number compares to the 93,041 subscribers Shaw added from 2009 to 2010. Also, consolidated revenue for the quarter was $1.28 billion, up 19% over last year’s Q4, while total operating income increased 18%.

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