Cable / Telecom News

Cogeco Cable feels insulated against cooling economy, says CEO Audet

TORONTO – Even in bad economic times, consumers will keep paying for cable, Internet and phone services, and choose to compromise in other purchase areas instead, according to Cogeco Cable’s president and CEO, Louis Audet. “This has been our experience for the last 36 years – people tend to keep their television service (during difficult economic times),” Audet said. “And the Internet, of course, has become a necessity for households…and, of course, the phone. “But on the other hand, what you do see is a slower rate of growth, or you might see a bit higher bad debt come in....