Quebecor Q4 profit rises to $116.8 million

MONTREAL — Quebecor Inc. says it had early stumbles in rolling out its new discount wireless carrier last quarter, but that it’s encouraged by current growth. Last November’s launch of its Fizz mobile brand is part of a push into new wireless and television broadcasting areas as its traditional businesses of media and cable fade. For the fourth quarter, the company reported net income of $116.8 million, up from $70.4 million in the yearearlier period.