Quebecor Media Inc.

Quebecor Media Inc.

September 10, 2008 14:44 ET

Quebecor Media Inc.'s Wireless Spending Plans

MONTREAL, QUEBEC--(Marketwire - Sept. 10, 2008) - Further to articles published this morning in various newspapers about Quebecor Media's (TSX:QBR.A)(TSX:QBR.B) wireless spending plans, the Company would like to clarify that its plan to spend between $800-1,000 M over the next four years covers the cost of building out its network in Quebec, the operating losses expected to occur in the first few years following commercial launch and the cost of acquiring the spectrum, payment for which amounting to $555 M was completed on September 3rd, 2008.

About Quebecor Media Inc.

Quebecor Media Inc. is a subsidiary of Quebecor Inc. (TSX: QBR.A)(TSX:QBR.B), a communications company with operations in North America, Europe and Asia. Quebecor Media owns operating companies in numerous media-related businesses: Videotron Ltd., the largest cable operator in Quebec and a major Internet Service Provider and provider of telephone and business telecommunications services; Sun Media Corporation, the largest publisher of newspapers in Canada; TVA Group Inc., operator of the largest French-language over-the-air television network in Quebec, a number of specialty channels, and the English-language over-the-air station Sun TV; Canoe Inc., operator of a network of English- and French-language Internet properties in Canada; Nurun Inc., a major interactive technologies and communications agency with offices in Canada, the United States, Europe and Asia; magazine publisher TVA Publishing Inc.; book publisher and distributor Quebecor Media Book Group Inc.; Archambault Group Inc. and TVA Films, companies engaged in the production, distribution and retailing of cultural products; Le SuperClub Videotron ltee, a DVD and console game rental and retail chain; and Quebecor MediaPages, publisher of print and online directories.

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