Strong Wireless Service Revenue Growth
Quebecor reported its strongest quarterly wireless service revenue growth since the acquisition of Freedom Mobile, with a 6.4% increase in mobile service revenue. This was complemented by 114,000 net additions in the quarter and 323,000 new lines year-over-year.
Telecom Segment Performance
The telecom segment showed a 2% increase in service revenues for the second consecutive quarter. Mobile service revenue grew by $27 million in the quarter, and the consolidated mobile ARPU continued to improve, recording its best performance since the acquisition of Freedom Mobile.
Network Expansion and Improvements
Quebecor expanded its wireless coverage and services, including in Ontario and Quebec regions, and announced further expansion of Helix technology-based services in new territories, enhancing connectivity for more than 10,000 residents in the Haute-Mauricie region.
Media Segment EBITDA Growth
TVA Group generated EBITDA of $18.5 million in Q3 2025, an increase of $6 million compared to the same period in 2024, attributed to streamlining initiatives and favorable nonrecurring adjustments.
Improved Financial Metrics
Quebecor's EBITDA increased by $34 million or 6% to $628 million, and cash flows from operating activities rose by $36 million or 7% compared to the same quarter last year.
Successful Refinancing
Videotron issued $800 million of senior notes yielding 3.95%, with high investor demand and favorable conditions, including the lowest 7-year credit spread in the Canadian telecommunications sector.