Cogeco sees higher revenues and profits in Q2, still waiting on MVNO terms

MONTREAL -- Cogeco Inc. announced yesterday that its revenues and profits increased in its fiscal second quarter compared to the same period last year, with activity south of the border helping drive those numbers. For the period ending on February 28, revenues increased by 14.5% to $748.1 million and profits increased 7.8% to $118.8 million versus the comparable period last year, with carry from its purchase last year of the broadband facilities of WideOpenWest in Ohio and organic growth in the US, as well as the purchase of Quebec’s Derytelecom in late 2020. Revenues from American broadband services -- called Breezeline...