Cogeco to make the leap into wireless... probably

MONTREAL – Cogeco Inc. CEO Louis Audet has long said his company would get into wireless if, and only if, it made economic sense for him and Cogeco shareholders.That means he’s always wanted to do it profitably – which of course meant he was never going to sink hundreds of millions of dollars into overbuilding wireless infrastructure in the company’s Southern Ontario and Southern Quebec footprint, or beyond. “We like to eat our cake and still have it… that’s our philosophy,” Audet told financial analysts this morning on a conference call discussing the company’s third quarter results.Regulations had to change,...