MONTREAL – Cogeco Inc. announced yesterday a revenue increase of 3.7% to $649.3 million, for its third quarter, which ended on May 31st 2021, compared to the same period last year. This was partially attributed to an increase in its Canadian broadband services revenue by 10.2% due to its December 2020 acquisition of DeryTelecom, as well as “the cumulative effect of sustained demand for residential high-speed Internet since the beginning of the pandemic and rate increases implemented for certain services,” according to a press release. Cogeco also reported its adjusted EBITDA increased by 1.3% in Q3, reaching $302.3 million, according...
