Cable / Telecom News

Acquisitions power Cogeco’s 2019 growth

MONTREAL – Broadband provider and broadcaster Cogeco Inc. saw its fourth quarter 2019 revenue increase by 3.1% compared to Q4 last year to reach $610.5 million, the company reported late Wednesday.Revenue for the full fiscal year, ended August 31st, came in at $2.44 billion, an 8% increase.Revenue increased in the company’s communications (video, broadband, home phone) segment, “mostly as a result of organic growth and the acquisition of the south Florida fibre network previously owned by FiberLight… on October 3, 2018 combined with the activation of bulk properties in Florida during the fourth quarter of fiscal 2019 in the American...