Cable / Telecom News

Rogers Cable to buy Aurora

TORONTO – The last remaining Toronto independent cable holdout has decided to sell to the big red machine.Rogers Cable announced this afternoon that it has entered into an agreement to acquire Aurora Cable, subject to CRTC approval. Aurora Cable provides cable television, Internet and telephony services in the Town of Aurora and the community of Oak Ridges, in Richmond Hill, Ontario. (Ed Note: While the purchase price was not release by either company, Aurora serves approximately 16,000 customers, offering cable, digital cable, high speed Internet and voice in a wealthy demographic. Using a conservative guesstimate of $2500 per subscriber, that...