Quebecor bucks telecom sector trend as average revenue per user rises in Q1 - BNN Bloomberg
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Article Excerpt
MONTREAL — Quebecor Inc. continues to add mobile subscribers amid its expansion of Freedom Mobile, which chief executive Pierre Karl Péladeau says “has helped foster genuine competition” in the Canadian telecom sector.
The media and telecommunications firm said Thursday that its profit was up year-over-year in its first quarter. The company reported its net income attributable to shareholders totalled $225.4 million for the quarter ended March 31, up from $190.7 million a year earlier.
That profit amounted to 97 cents per diluted share during the three-month period, up from 82 cents per dilu…
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