Cable & Telecom

Cogeco Q3 revenues climb 4.5%

MONTREAL – Driven by growth at Cogeco Communications, Cogeco Inc. saw a third quarter increase in revenue and profits.Profit for the period ended May 31, 2017 amounted to $82.1 million, of which $30.0 million was attributable to owners of the Corporation, compared to a $381.9 million loss for the third quarter of fiscal 2016 of which $117.7 million was attributable to the owners of the Corporation.The profit progression resulted from last year's non-cash pre-tax impairment of goodwill and intangible assets of $450 million and from the claims and litigations of $10.5 million which both occurred in the Communications segment, the company...
 

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.