Related
Canada's communications industry took in $55.4 billion in revenue in 2009, the CRTC said Thursday, a 2.1 per cent increase from the previous year's level.
The figure represents 4.6 per cent of Canada's total gross domestic product.
Within that, the telecom industry in particular took in $41 billion in revenue, a 1.8 per cent increase from the previous year.
"The wireless and internet sectors posted positive results, while revenues for long-distance and local residential telephone services continued to decline," the regulator said in a release.
Established players did well, bringing in $18.1 billion in revenues, which accounted for 44 of all the industry's revenues as a whole. Cable companies increased their share of local telephone and internet subscribers in particular to 27 and 57 per cent of Canada's total.
Despite the topline gain, advertising dollars were down, in part because Canada was in the grip of a recession for much of the year. Conventional television and radio stations saw their revenue decline by 7.4 and 5.2 per cent, respectively. But that was offset by specialty and pay channels, which saw revenue increase by 7.4 and 5.8 per cent each.
Revenue in the broadcasting industry as a whole hit $14.4 billion for the year, an increase of three per cent.
Mobile devices were a key revenue driver in 2009, as 25 per cent of anglophones reported watching some sort of television program on their mobile devices during the year. The figure dropped to 17 per cent for radio programs.
By the end of the year, there were 23.8 million wireless subscribers and 8.3 million broadband internet subscribers. The number of Canadians with the ability to access the internet on their cellphones jumped from 91 to 96 per cent in 2009.
Share Tools
Top News Headlines
- Syria massacre toll up to 116, UN monitor says
- The UN Security Council is holding an emergency meeting Sunday to discuss the recent massacre in the Syrian town of Houla, in which 116 people died, many of them children under the age of 10. more »
- Montreal protesters march in peaceful defiance
- The clanging of pots and pans sounded throughout Montreal's downtown core Saturday night and into early Sunday morning, as thousands of protesters marched on in peaceful — but loud — defiance of Bill 78. more »
- Love film a 2nd win for Cannes director
- Michael Haneke won the Cannes Film Festival's top trophy for a second time with his film about love and death, Amour. more »
- Lady Gaga nixes Indonesia show after threats
- Lady Gaga cancelled her sold-out show in Indonesia after Islamist hard-liners threatened violence, claiming her sexy clothes and provocative dance moves would corrupt the youth. more »
Latest Business Headlines
- Bankia asks Spain for €19B
- The board of directors of Spain's troubled bank, Bankia, has asked the Spanish government for €19 billion ($24.5 billion Cdn) in financial support. more »
- EI reforms aim to boost employment, Flaherty says
- Finance Minister Jim Flaherty defended his government's proposals to change employment insurance, saying the aim is to remove "disincentives to employment." more »
- Employment Insurance review boards to be scrapped
- The federal government is scrapping two review boards used by people appealing decisions made about their employment insurance. more »
- Ottawa moves to limit foreign investment reviews
- The federal government is raising to $1 billion the amount of foreign money that can go into a Canadian company before the investment is reviewed. The review has been used in the past to block foreign takeovers of MDA and Potash Corp. more »
Lang & O'Leary Exchange
Markets
| Index | Last Trade | Change |
|---|---|---|
| TSX COMPOSITE | 11576.47 | 10.4 |
| DOW | 12454.83 | -74.92 |
| NASDAQ | 2837.53 | -1.85 |
| SP 500 | 1317.82 | -2.86 |
| NYSE COMPOSITE | 7534.32 | -18.01 |
| AMEX | 2227.37 | 1.45 |
| TSX-VENTURE | 1309.27 | 26.8 |
The data on this site is informational only and may be delayed; it is not intended as trading or investment advice and you should not rely on it as such.
Business Features
- Teen struck by lightning in Ottawa dies
- Missing Winnipeg children found in Mexico
- Quebec tornadoes cause millions in damage
- Montreal protesters march in peaceful defiance
- Syria massacre toll up to 116, UN monitor says
- Woman's remains found in hockey bag on Cape Breton river
- Everest team unable to bring down Toronto woman's body
- WWE apologizes to Brazil over Canadian's flag stomp
- Pope's butler arrested in Vatican leaks scandal

