Report
Matthew Dolgin
EUR 100.00 For Business Accounts Only

Shaw’s Wireless Gains Are Impressive, but Seasonal Factors and Wireline Struggles Keep FVE Unchanged

Shaw Communications’ 12% year-over-year revenue growth in its fiscal 2018 second quarter was solely attributable to its wireless business, which took another step up in its bid to be a formidable wireless service provider in Canada. Total revenue of CAD 1.4 billion was 7% higher than consensus estimates; EBITDA of CAD 501 million was in-line. The wireless segment added more than 90,000 post-paid subscribers and doubled its revenue during the quarter. We are boosting our wireless revenue forecast...
Underlying
Shaw Communications Inc. Class B

Shaw Communications is a communications and media company. Co. has four operating segments: consumer, which provides cable telecommunications and satellite video services to residential customers; business network services, which provides data networking, cable telecommunications, satellite video and fleet tracking services to businesses and public sector entities; business infrastructure services, which provides data centre colocation, cloud technology and managed Information Technology solutions to businesses; and media, which provides programming content.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Matthew Dolgin

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