This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Shaw Communications Management Discusses Q3 2012 Results - Earnings Call Transcript

Our activities are focused on improving the long-term profitability of our assets, and we will continue to implement cost savings, execute on operational efficiencies and prudently manage our capital investments. We remain confident about the free cash profile of our consolidated assets, and we believe our operating focus is the right strategy to create long-term value for all of our stakeholders.

Thanks to everyone for joining us today. And operator, you can open up the phone for questions, please.

Question-and-Answer Session

Operator

[Operator Instructions] Our first question comes from Phillip Huang from USB (sic) [UBS].

Phillip Huang - UBS Investment Bank, Research Division

Just wanted to -- first, I just wanted to clarify were there one-time type of drivers that impacted your Internet subscriber loss this quarter aside from your pull-back promos and also the ongoing competitive intensity? And then I have a follow-up.

Jay Mehr

Phillip, it's Jay. I don't think there's anything that you would consider to be a one-time driver in the Internet numbers.

Bradley S. Shaw

Yes, I think so. But just goes to our focus in our disciplined approach to the market, and it's reflective in that. As we said, we're focused on the long term. And this is not a chase for numbers to the quarter end. And everything we're doing is tactically in regards to creating long-term value and maintaining our base. So I think you're somewhat seeing that, reflective in that.

Jay Mehr

And just building on what Brad is saying, the -- I think to the extent that there is a one-time factor, there likely was a pull forward in Q2 effect just with the level of aggressiveness that we had in our office in Q2. And I think you've probably seen some of that happen there.

Read the rest of this transcript for free on seekingalpha.com

3 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,131.97 +100.83 0.59%
S&P 500 1,998.98 +14.85 0.75%
NASDAQ 4,552.7590 +33.8570 0.75%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs