Cable drives up Q1 profits at Cogeco; company trials new IPTV platform

MONTREAL – Cogeco Inc. kicked off its fiscal 2014 with a 20.7% increase in profits thanks to growth in its cable division, and told investors that it is currently testing a new “evolved video distribution platform”.When asked if the new initiative is designed to cut costs, generate revenue, or assist with customer retention, president and CEO Louis Audet was quick to respond with “all of the above.”“We anticipate that, in the fullness of time, the equipment to support this new advanced video platform will in fact be more advantageous than some of the proprietary technology that we are locked to...