Telecom services bolster Quebecor’s Q3
Media | 11/03/2016 4:48 pm EDT
Quebecor Inc.’s telecommunications services boosted its third quarter, as it posted an $8.3-million loss, the company said in its quarterly financial report Thursday.
The loss from the three months ended Sept. 30, compared to an $85.1 million profit the same period a year earlier, was "mainly due to $136.2 million unfavourable variance in the charge for restructuring of operations, gain on litigation and other items,” as well as “$122.1 million unfavourable variance in losses and gains on valuation and translation of financial instruments, including $119.6
...