Cable & Telecom

Cogeco makes a US$1 billion buy

MONTREAL and QUINCY, Mass. – Cogeco Communications’ announced today its American subsidiary, Atlantic Broadband, has agreed to acquire WideOpenWest’s broadband systems located in Ohio for US$1.125 billion. The WOW Ohio broadband systems pass approximately 688,000 homes and businesses in Cleveland and Columbus and serve approximately 196,000 Internet, 61,000 video and 35,000 telephony customers, as of March 31, 2021, reads the press release. For the twelve months ended March 31, 2021, the company’s revenue was US$244 million "The acquisition of WOW's Ohio broadband systems allows us to add significant scale to our growing and profitable U.S. broadband business," said Philippe Jetté,...
 

Our industry and COVID-19

We've gathered a number of links where Canadian cable, radio, television, telecom and wireless companies have posted their responses to the Covid-19 pandemic.