1999: Cable Satisfaction International Inc. Passes the 80,000 Subscriber Mark.Business Editors MONTREAL--(BUSINESS WIRE)--Jan. 17, 2000 (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :CSQ CSQ Certificat de Sélection du Québec (Quebec selection certificate; immigration document) CSQ Carrier Squelch (radio, scanner) CSQ Customer Satisfaction Questionnaire .A.) Cable Satisfaction International Inc. (Csii) today announced that it recorded a 79% increase of subscribers in fiscal 1999. The number of subscribers reached 83,491 as at December 31, 1999 compared to 46,646 subscribers as at December 31, 1998. During the same period, the number of homes passed rose by 102,158, a 59.37% increase, to reach 274,216 homes passed. This increase is attributable to the development of its Portuguese subsidiary, Cabovisao-Televisao por Cabo S.A. (Cabovisao). The number of subscribers rose to 55,576 subscribers as at December 31, 1999 compared to 23,316 subscribers in 1998, a 138.36% increase. The average monthly rate of new subscribers, which was 1,500 per month in the first quarter of 1999, increased to more than 3,900 new subscribers per month in the fourth quarter. As at December 31, 1999 the penetration rate in Portugal reached 27.15% out of 204,718 homes passed compared to 20.62% for fiscal 1998, a 31.67% increase. This increase demonstrates the increasing awareness of and potential for cable TV in Portugal. It also confirms the ability of the market to develop to a penetration rate similar to that in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Recently, Cabovisao broadened its service offering, delivering high-speed Internet access services in the Palmela region since November 1st 1999. During fiscal 2000, the service will be extended to the other regions served by Cabovisao. Csii is a Canadian cable operator that builds and operates broadband hybrid fibre/coaxial networks in the international cable TV and telecommunications markets through its subsidiaries located in various foreign countries. Csii's Subordinate Voting Shares Voting Shares Shares that give the stockholder the right to vote on matters of corporate policy making as well as who will compose the members of the board of directors. Notes: Different classes of shares, such as preferred stock, sometimes don't allow for voting rights. are listed on The Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. under the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors "CSQ.A". |
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