Shaw Communications' stock climbed to its highest level in nearly seven years late last week after the cable company released its financial results, coupled with a message to shareholders that it expects the addition of more HD channels to boost the MSO's "specialty subscriptions" in calendar year 2007.
The Calgary-based cable firm reported it had 200,000 customers signed on to receive HD and its HD pay-per-view services--which is about double the number of subs from a year ago, according to CBC News.
According to Shaw, the current number of HD subs could double again by the end of this year--bolstered by new HD channels being added over the next few months, and the increase in hockey and other sports programming that will be featured in HD.
