MONTREAL – Cogceo Communications is investing more than $1 billion over the next four years to push its broadband network and other services deeper in to Ontario and Quebec.
The company said Wednesday that its “strong regional presence” will allow it to increase access to high-speed Internet in unserved and underserved areas in the two provinces. Its hybrid fibre coaxial cable network is presently available in more than 400 municipalities via its Cogeco Connexion subsidiary.
“Thanks to the strong local presence we’ve been building for the past 60 years, we can gauge first-hand just how important high-speed Internet connectivity is for communities, and are delighted to be working closely with so many municipalities and towns to extend and enhance our network so that we can deliver ultra-high-speed connectivity to as many residents, families and businesses as possible,” said president and CEO Philippe Jetté, in the news release. “We welcome the renewed commitment on the part of the different levels of government to accelerate this type of investment and intend to participate actively in the various government programs and incentives put forward to support high-speed Internet access to unserved and underserved communities.”
