Cable / Telecom News

Cogeco not finished with U.S. cable, says CEO

MONTREAL – When a U.S. branch of Montreal-based Cogeco Communications paid US$1.4 billion for the rest of the MetroCast cable network this year, onlookers wondered how big the company wants to grow down south.Pretty big, CEO Louis Audet suggested Wednesday at an investor conference in Montreal run by CIBC. “We have the potential for our U.S. operations to become bigger one day than our Canadian operations” in Quebec and Ontario, he said. “There is sufficient acquisition potential for that to occur ... Now you need to work hard and be a bit lucky.”Cogeco’s first U.S. acquisition was the 2012 US$1.36...