Videotron Ltd. Announces Closing of US$455 Million Senior Notes Offering
16 4월 2008 - 12:13AM
Marketwired
MONTREAL, QUEBEC , a wholly-owned subsidiary of Quebecor Media
Inc., is an integrated communications company engaged in cable
television, interactive multimedia development, Internet access
services, cable telephony and wireless telephone service primarily
in Quebec. Videotron is a leader in new technologies with its
illico interactive television system and its broadband network,
which supports high-speed cable Internet access, analog and digital
cable television, and other services. As of March 31, 2008,
Videotron was serving over 1,652,200 cable television customers,
including approximately 802,800 illico Digital TV subscribers.
Videotron is the Quebec leader in high-speed Internet access, with
approximately 965,300 subscribers to its cable modem service. As of
March 31, 2008, Videotron had activated 49,900 lines on its
wireless telephone service and was providing cable telephone
service to nearly 691,600 households and organizations.
Forward-Looking Statements
Statements contained herein relating to matters that are not
historical facts are forward-looking statements. These
forward-looking statements are made pursuant to the "Safe Harbor"
provisions of the United States Private Securities Litigation
Reform Act of 1995. These forward-looking statements are based on
current expectations, estimates, forecasts and projections about
the industries in which we operate as well as beliefs and
assumptions made by our management. Such statements include, in
particular, statements about our plans, prospects, financial
position and business strategies. Words such as "may," "will,"
"expect," "continue," "intend," "estimate," "anticipate," "plan,"
"foresee," "believe" or "seek" or the negatives of these terms or
variations of them or similar terminology are intended to identify
such forward looking statements. Although we believe that the
expectations reflected in these forward-looking statements are
reasonable, these statements, by their nature, involve risks and
uncertainties and are not guarantees of future performance. Such
statements are also subject to assumptions concerning, among other
things: our anticipated business strategies; anticipated trends in
our business; and our ability to continue to control costs. We can
give no assurance that these estimates and expectations will prove
to have been correct. Actual outcomes and results may, and often
do, differ from what is expressed, implied or projected in such
forward-looking statements, and such differences may be material.
Some important factors that could cause actual results to differ
materially from those expressed in these forward-looking statements
are discussed in further detail in Videotron's Annual Report on
Form 20-F for the fiscal year ended December 31, 2007, including
under the sections, "Cautionary Statement Regarding Forward-Looking
Statements" and "Risk Factors." Videotron disclaims any obligation
to update these statements unless applicable securities laws
require us to do so.
Contacts: Media contact only: Marc Labelle Director, Corporate
Communications 514-380-4458 Mobile: 514-512-4458
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