Record Cash Flow and EBITDA Growth
Cash flow increased by 17% in Q4 and 18% for the full year 2024. EBITDA grew by 4% in Q4 and 6% for the year, reflecting strong financial performance despite competitive challenges.
Strong Wireless Subscriber Growth
Quebecor added 88,000 net new wireless lines in Q4 2024 and 373,000 for the year, achieving a 10% year-over-year growth in wireless subscribers, reaching over 4.1 million total subscribers.
Improved Customer Satisfaction
Videotron, Fizz, and Freedom Mobile achieved top rankings in customer satisfaction surveys, with significant reductions in customer complaints and maintaining the lowest churn rate in the industry.
Investment in Network and Technology
Quebecor expanded its wireless network with 180 new sites and announced plans to build 37 new infrastructures, while also launching 5G+ technology access for all Freedom Mobile plans.
Media Segment EBITDA Improvement
TVA Group's adjusted EBITDA improved significantly by $17 million compared to the previous year, driven by the return of major productions and restructuring efforts.