Cogeco Q1 led by Canadian, Portuguese cable

MONTREAL – While bankrupt convention television broadcaster TQS has been a drag on the company, Cogeco Inc. continues to grow thanks largely to its cable division. "Cogeco's first quarter financial result is very positive,” said company CEO Louis Audet in a release late Wednesday afternoon touting the company’s first quarter results. “In the cable sector, Cogeco Cable has continued on its growth trajectory and is in an excellent position to achieve superior growth in 2008… With regards to the court order involving TQS, after careful thought, the time has come to end our participation in the general interest television sector....