Cable / Telecom News

Cogeco revenue, earnings, climb in Q4

MONTREAL – While recent news swirling around the company has been about other things, Cogeco Inc. posted good fourth quarter and year-end 2020 results as broadband demand remained high in Canada and the U.S. For the quarter ended August 31, 2020, revenue increased by 2.2% over Q4 2019 to reach $624.2 million while adjusted EBITDA reached $300 million, an increase of 6.7%. Cogeco Inc. contains Cogeco Communications (Cogeco Connexion in Canada and Atlantic Broadband in the States) as well as the company’s Quebec radio stations. Full year revenue came in at $2.48 billion, a 1.4% increase over 2019 and full...