June 27 (Reuters) - Shaw Communications Inc SJRb.TO :
* SHAW ANNOUNCES THIRD QUARTER AND YEAR-TO-DATE FISCAL 2019 RESULTS
* Q3 REVENUE C$1.32 BILLION
* IN QUARTER, COMPANY ADDED APPROXIMATELY 62,000 NET WIRELESS RGUS, CONSISTING OF 61,300 POSTPAID AND 800 PREPAID ADDITIONS
* IN Q3 OF FISCAL 2019, APPROXIMATELY 350 EMPLOYEES EXITED COMPANY
* QTRLY EARNINGS PER SHARE C$0.44
* REFINING ITS FISCAL 2019 GUIDANCE WHICH EXCLUDES $15 MILLION PAYMENT TO ADDRESS CERTAIN IP LICENSING MATTERS
* SHAW COMMUNICATIONS - SEES 2019 CONSOLIDATED OPERATING INCOME BEFORE RESTRUCTURING COSTS AND AMORTIZATION GROWTH OF ABOUT 6% OVER FISCAL 2018
* SEES 2019 CAPITAL INVESTMENTS OF APPROXIMATELY $1.2 BILLION
* SEES 2019 FREE CASH FLOW OF APPROXIMATELY $550 MILLION
* SHAW COMMUNICATIONS - GUIDANCE INCLUDES ASSUMPTIONS RELATED TO COST SAVINGS THAT WILL BE ACHIEVED THROUGH TBT INITIATIVE THAT HAVE ALSO BEEN REFINED
* SHAW COMMUNICATIONS - COST SAVINGS ACHIEVED THROUGH TBT INITIATIVE EXPECTED TO AMOUNT TO COMBINED $135 MILLION IN FISCAL 2019
* SHAW COMMUNICATIONS - SAVINGS DURING FY NOW EXPECTED TO BE ABOUT $95 MILLION ATTRIBUTED TO OPERATING EXPENSES AND ABOUT $40 MILLION ATTRIBUTED TO CAPEX
* Q3 POSTPAID CUSTOMER CHURN 1.18%
* Q3 WIRELINE PERFORMANCE REFLECTS IMPROVED CONSUMER INTERNET SUBSCRIBER GROWTH OF APPROXIMATELY 6,600 RGUS