Cable / Telecom News

Cogeco grows in Canada

MONTREAL – Following the lead of its peers, Cogeco Cable’s Canadian operations continued to grow during the recession, the company reported today. The company continues to struggle in Portugal, although it is reporting some positive indications there.Fourth quarter 2009 consolidated revenue increased by 8% to reach $307.8 million, when compared to the corresponding period of the prior year. Driven by increased revenue-generating units combined with rate increases and the financial results generated by the acquisition of Cogeco Data Services in the last quarter of fiscal 2008, fourth-quarter Canadian operations revenue went up by $34.8 million, or 15.8%.However, the company’s Portuguese...