10:14:46 EDT Mon 20 May 2024
Enter Symbol
or Name
USA
CA



Quebecor Inc
Symbol QBR
Shares Issued 153,983,455
Close 2023-11-09 C$ 30.30
Market Cap C$ 4,665,698,687
Recent Sedar Documents

Globe/CP say Quebecor gets Q3 boost from Freedom Mobile

2023-11-10 08:23 ET - In the News

The Globe and Mail reports in its Friday edition that Quebecor's purchase of Freedom Mobile earlier this year continues to drive growth as it works to solidify itself as Canada's fourth national carrier, chief executive officer Pierre Karl Peladeau said Thursday. A Canadian Press dispatch to The Globe says that the Montreal telco reported its third-quarter profit rose compared with a year ago as the acquisition of Freedom by Quebecor's Videotron mobile service helped drive revenue higher. Mr. Peladeau told a conference call with financial analysts to discuss the company's results that Quebecor recorded 89,000 wireless net additions in the third quarter, which was 53,000 more than in the third quarter last year. The company reported $209.3-million in net income attributable to shareholders for the quarter ended Sept. 30, up from $178.4-million a year earlier. Quebecor said the profit amounted to 91 cents a share, up from 76 cents a share in the same quarter last year. Revenue for the quarter totalled $1.42-billion, up from $1.14-billion a year earlier. Revenue from the company's telecom segment shot up by $287.9-million or 30.6 per cent, partially reflecting the effect of Quebecor's Freedom acquisition in April.

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