Cable / Telecom News

Recent acquisitions drive solid Q4 for Cogeco

MONTREAL – The acquisitions of Atlantic Broadband and Peer 1 Networks drove results at Cogeco Inc. to new heights, the company reported last Wednesday. The cable, broadband and radio company saw its fourth quarter revenue increase 41.5% to reach $504.7 million in the fourth quarter ended August 31st and by 30.4% for fiscal 2013 to close at $1.8 billion when compared to the same periods of the prior year; Operating income before depreciation and amortization increased by 37.1% to $224.3 million compared to the fourth quarter of fiscal 2012, and by 31.4% to $797.4 million compared to the prior year,...