Cable & Telecom

Cogeco Q1 revenues, profits up

MONTREAL — Cogeco Inc. reported its revenues and profits increased in the first quarter of 2020 compared to the same period last year, primarily due to growth in its American broadband services business and the acquisition of several radio stations a year ago. Overall, Cogeco’s revenue increased by 1.8% to reach $618.5 million in Q1 2020, compared to the same quarter of 2019. The company’s adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) in Q1 2020 reached $290.5 million, an increase of 5.2% over the first quarter of 2019. Revenue from Cogeco Communications accounted for $586.8 million of the...
 

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.