Cable / Telecom News

Cogeco says Rogers should invest in Quebec anyway; company still isn’t for sale


MONTREAL – On Friday, Rogers Communications announced it would spend big in Quebec, if it can buy Cogeco’s Canadian assets, primarily its networks in Ontario and Quebec. It made a number of expensive promises, as we reported here, including investing $3 billion on wired and new 5% networks, adding thousands of jobs, and keeping Cogeco’s brand and head office alive in Quebec. In a statement issued that day, Cogeco said Rogers doesn’t need to own it in order to invest well in the province. "Rogers may continue making all the investments it wishes in Quebec but it doesn't need Cogeco...