Cable / Telecom News

Cable drives growth at Cogeco

MONTREAL – Cogeco reported today that growth and acquisitions in the cable sector helped to drive up their consolidated revenue by 16.5% to $292.9 million for their fourth quarter, and by 14.4% to $1.1 billion for their fiscal year end. Revenue-generating units (RGU) in the cable sector grew by 41,100 for the quarter and 231,209 net additions for the year, for a total of 2,716,874 RGU at August 31, 2008, the company’s press release said. FYI – one subscriber with voice, Internet, analog and digital cable TV equals four RGUs. "Our fourth-quarter was marked by the entry of Cogeco Cable...