Cable / Telecom News

Cogeco back on acquisition trail

MONTREAL - After working hard to stabilize the company’s operations in Portugal, Cogeco president and CEO Louis Audet said Thursday morning that his company is back looking for assets to buy.“Hence, we believe the time has come for this company to start looking at reasonably priced, reasonably sized, ‘non-farm-betting type’ of acquisitions”, Audet said in a call with analysts, after releasing the company’s second quarter financial results.Noting that such opportunities in Canada were slim, Audet said that the company would look in Europe “at markets we feel have growth potential”.  While he declined to elaborate on the potential size of...