MONTRÉAL – Cogeco announced today the company and its employees raised $496,000 for the United Way through their participation in the annual United Way campaign in Ontario and Centraide campaign in Québec.
“Firmly committed to its communities and driven by a profound desire to give back, Cogeco has been involved for many years in the United Way/Centraide fundraising campaign, which aims to raise and invest funds locally to break the cycle of poverty and exclusion,” a press release explains.
Cogeco is committed to its corporate social responsibility program, having invested over $16.7 million in cash donations and airtime to 700 North…
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Shaw still fastest fixed broadband provider in latest quarter
SEATTLE — Telus Communications was once again the fastest mobile operator among top providers in Canada in the fourth quarter of 2021, according to Seattle-based mobile and broadband network testing company Ookla’s most recent quarterly report on the Canadian market.
Released today, Ookla’s Q4 2021 Speedtest Global Index market analysis for Canada also shows Shaw Communications retained its top ranking as the country’s fastest fixed broadband provider.
Using its Speedtest Intelligence data for Q4 2021, Ookla gave Telus a speed score of 98.29 for its mobile network performance (see chart above), which…
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MONTRÉAL – Cogeco has wanted to move into wireless for several years now, and while progress has been made towards that goal, it has been a marathon, not a sprint.
This was clear last Friday during an annual press briefing prior to the company’s annual general meeting, when Cogeco president and CEO Philippe Jetté highlighted the continued development of the company’s mobile wireless plans as one of its achievements of the year. (While Jetté gave his speech in French, Cogeco provided an English translation.)
Jetté listed Cogeco’s acquisition of 38 new spectrum licences last July and the CRTC’s decision last…
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MONTRÉAL – Cogeco Inc. reported its first quarter 2022 results today, which show its revenue increased by 15.3% to $745.3 million compared to the previous year while profits declined 1.1% to $119.1 million.
Cogeco also reported adjusted EBITDA increased 10.4% to $354.4 million.
On a constant currency basis, for the quarter ended Nov. 30, Cogeco reported revenues were up 18% compared to the previous year, mainly due to an increase in American broadband services revenue by 31% in constant currency, an increase in Canadian broadband services revenue by 8.2% and a decrease in revenue from media activities by 2.6%, according to…
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OTTAWA — Satellite operator Telesat and ENCQOR 5G, a Canada-Quebec-Ontario initiative focused on 5G technology research and innovation, announced today a new strategic partnership to accelerate the delivery of next-generation 5G networks across Canada.
“In cooperation with the ENCQOR 5G program, Telesat will conduct demonstrations, trials and pilots that will advance 5G connectivity, particularly to industries operating in rural areas,” reads a Telesat press release.
“This includes the utilization of the ENCQOR testbed, satellite assets, as well as national and international 5G infrastructures. The partnership will also allow both Telesat and ENCQOR 5G to collaborate with other industries, academia, and organizations…
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GATINEAU – Revenue from Canadian broadcasting services declined 6.6% to $15.8 billion in 2019-2020 compared to 2018-2019, the CRTC says.
This is highlighted in the broadcasting portion of the CRTC’s Communications Market Report (CMR; formally the Communications Monitoring Report), released last month, which covers the broadcast year spanning from Sept. 1, 2019, to Aug. 31, 2020, and as such includes around six months of the Covid-19 pandemic.
The $15.8 billion in revenue does not include revenues from Internet-based services, known as over-the-top services (OTT), operating under the CRTC’s digital media exemption order.
Over half of the revenues were generated by broadcasting distribution…
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MONTREAL — Cogeco Inc. today unveiled its first Climate Action Plan and its Task Force on Climate Related Disclosures (TCFD) report, which outlines the key steps the company is taking to address climate change as well as its processes and strategies to assess and manage climate-related risks and opportunities.
“This plan aims to facilitate access to all the information related to our climate change strategy,” reads a Cogeco press release.
“Climate action must be a priority for all industries as a continued collective effort is required to build a prosperous and sustainable economy. Cogeco is determined to demonstrate strong and…
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TPIA providers say they’ve had to make tough financial decisions to stem the bleeding
By Ahmad Hathout
OTTAWA – Canada’s large telecommunications companies are claiming third party internet service providers have never had it better with the interim bulk internet purchase rates the CRTC made permanent in May.
The telecoms were responding to petitions to the federal government to overturn the May decision filed by large independent internet service provider TekSavvy, ISP National Capital FreeNet, and the Competitive Network Operators of Canada (CNOC), an organization representing smaller telecoms who lease network space from the larger carriers. In the decision, the regulator said it…
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GATINEAU – More concerns about Rogers Communications’s proposed acquisition of Shaw Communications were shared with the CRTC during day three of the hearing, Wednesday.
While the day’s presentations showed the deal definitely has its supporters, it also highlighted the many concerns there are about the consequences of the deal in its current form on the Canadian broadcasting system generally, and on independent broadcasters and consumers specifically.
TLN Media Group Inc. and Ethnic Channels Group Limited, who presented together to highlight issues specific to Canadian ethnic independents, told the Commission that despite their opposition to the deal in their written submission, they…
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GATINEAU – Despite attempts to delay it, the CRTC hearing into Rogers Communications Inc.’s application to acquire Shaw Communications Inc.’s broadcast assets will begin Monday, Nov. 22 at 9 a.m. MT/11 a.m. ET.
“Edward Rogers, Brad Shaw and members of their respective executive and regulatory teams will be appearing on next weeks panel,” a Rogers spokesperson confirmed with Cartt.ca via email.
The CRTC announced this morning the hearing will be held in a hybrid format and as such, only parties appearing in person will be allowed in. It will be available to watch on the CRTC’s website.
Throughout the week,…
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