Cable / Telecom News

Cogeco rebrands amidst “satisfactory” Q1 results

MONTREAL – Growth in Cogceo Inc.’s cable and enterprise data services segment and U.S. cable services operations helped to buoy its first quarter revenues and profits.The Montreal-based company reported revenue of $582.9 million for the period ended November 30, 2015, up 8.3% from $538.4 million in the same period last year, driven by growth in its Cable and Enterprise data services segment mainly through improvements at its American cable services operations, favorable foreign exchange rates, and increases in its radio and out-of-home advertising segments.A 2.2% rise in profits to $66.8 million, of which $25.2 million is attributable to owners of the corporation,...