‘ and allows us to start paying down debt as opposed to borrowing to service our dividend policy,” chief executive Pierre Karl Péladeau said during Thursday’s earnings call.
“Our mobile network now reaches nearly 70 per cent of Canada’s population and we will be able to further expand our coverage by functioning as a mobile virtual network operator,” Péladeau said in a press release. Quebecor now has over 3.6 million subscriber connections in its mobile telephone service, an additional 124,700 or 7.5 per cent increase from the previous year. Its internet access customer count was up 38,100, a 2.4 per cent increase, to over 1.7 million customers.Article content
Desjardins analyst Jerome Dubreuil said the wireless net additions of 49,100 excluding Freedom Mobile were ahead of the 41,100 consensus.
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