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lloydm

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lloydm

Re: None

Friday, 12/18/2015 11:11:23 AM

Friday, December 18, 2015 11:11:23 AM

Post# of 82575
How profitable is the cell phone business?


Shaw Communications is making its long-anticipated foray into the wireless business by picking up Wind Mobile for $1.6 billion.

Wind, which operates in urban areas in Ontario, British Columbia and Alberta, has 940,000 subscribers, and Shaw said the small carrier is expected to generate $485-million in revenue and $65-million in earnings before interest, taxes, depreciation and amortization (EBITDA) in 2015.

http://www.theglobeandmail.com/report-on-business/shaw-buying-wind-mobile-for-16-billion/article27791628/

Nothing I state is intended to be a recommendation to buy or sell, opinion only. Readers are solely responsible for how they use the information.

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