Strong Cash Flow and EBITDA Growth
Cash flow increased by 17% in Q4 and 18% for the full year 2024. EBITDA rose by 4% in Q4 and 6% for the year.
Wireless Subscriber Growth
The company gained 88,000 net additions in Q4, 21,000 more than Q4 last year, ending the year with 373,000 net new lines and a 10% year-over-year growth in subscribers.
Improved Customer Satisfaction
Videotron, Fizz, and Freedom Mobile received high rankings in customer experience indices, with Videotron achieving the top spot in Quebec for in-store experience.
Media Segment Improvement
TVA Group posted an adjusted EBITDA of $11 million in 2024, a favorable variance of $17 million compared to the previous year.
Debt Reduction and Dividend Increase
Net debt-to-EBITDA ratio decreased to 3.31x, the lowest among Canadian telecom operators, with a declared quarterly dividend increase of 8%.