Cable & Telecom

Q3 revenues, profits, on the rise at Cogeco

MONTREAL – Cogeco Inc. credited favourable exchange rates plus growth in its cable divisions, both here and Stateside, for a 4.1% increase in third quarter revenues and a 86% jump in profits.The Montreal-based company said late Tuesday that revenue for the period ended May 31, 2015 was $557.8 million, up from $536.1 million in Q3 last year.  Profits of $66.3 million, of which $22.6 million is attributable to owners of the corporation, reflected improvement of the adjusted EBITDA combined with last year's impairment of property, plant and equipment of $32.2 million, partly offset by increases in financial expense and income...
 

Our industry and COVID-19

We've gathered a number of links where Canadian cable, radio, television, telecom and wireless companies have posted their responses to the Covid-19 pandemic.