BALA, Ont. – According to a report in a local news outlet in Muskoka, Cogeco Connexion is cancelling its TV services in and around Bala, Ont. as of June 5, 2018.
Customers there and in seven other surrounding villages have been notified by the company that it is pulling out of the region – one which it provides only an analog cable TV service to about 120 subscribers.
Bala is about 25 kilometres northwest of Gravenhurst, Ont.
A company spokesperson told Cartt.ca that this is a business decision where it made more sense to leave the…
Continue Reading
MONTREAL – Cogeco Inc. is buying 10 regional radio stations in Quebec and Ontario for $18.5 million from RNC Média.
Cogeco Media already owns and operates 13 radio stations, including talk network stations 98.5 FM in Montreal, 106.9 FM in Mauricie, 107.7 FM in Estrie and 104.7 FM in Outaouais; Rhythm FM network stations 105.7 in Montreal, 100.1 in Mauricie and 93.7 in Estrie, CIME 103.9 in the Laurentians, 96.9 CKOI, The Beat 92.5 and Radio Circulation 730 AM in Montreal, as well as FM93 and M102.9 in Quebec City.
The new stations are located in Saguenay–Lac-Saint-Jean (Planète 104.5 in…
Continue Reading
MetroCast acquisition “progressing according to plan”
MONTREAL – Cogeco Communications said that deferred income taxes related to U.S. tax reforms helped to power a jump in profits for its second quarter ended February 28, 2018.
Profits of $141.8 million, of which $138.9 million was attributable to the owners of the Corporation, skyrocketed 84.9% from the $76.7 million posted in the comparable period of fiscal 2017. The company said late Thursday that this was mainly as a result of the $89 million (US$70 million) reduction in deferred income taxes related to the recent U.S. tax reform and the improvement of adjusted EBITDA,…
Continue Reading
MONTREAL – ATW Tech subsidiary VuduMobile Inc. has renewed its agreement with Régie d’assurance maladie du Québec (RAMQ) for its cloud-based text messaging communication solutions related to the new governmental program Rendez-Vous Santé Québec serving family medical clinics in Quebec.
The agreement was renewed for one year, through June 30, 2019, with no changes to the amount, terms and conditions, the company said in a news release.
VuduMobile also announced the addition of the Montreal radio station 98.5 FM to its agreement with Cogeco Media, plus the renewal of that agreement for an additional three years. Listeners of…
Continue Reading
MONTREAL – Cogeco Connexion has been named Company of the Year for 2018 by Women in Communications and Technology (WCT).
The annual award honours a Canadian company that has made a significant contribution to industry practices in equity and diversity, creating a workplace that supports women's advancement.
"I am very proud of this recognition of our tangible commitment to making Cogeco Connexion a diverse and inclusive organization," said Cogeco Connexion president Ken Smithard, in the news release. "Diversity and equity are core principles with deep roots in our corporate culture. I am particularly proud of Cogeco Inc. and Cogeco Connexion's…
Continue Reading
MONTREAL – The Cogeco Program Development Fund took its final bow after 25 years of supporting the development and production of Canadian series, TV movies, pilots, and web series.
As Cartt.ca reported, the Fund, now known simply as the Cogeco Fund, transferred its program funding to its long standing partner the Independent Production Fund (IPF) effective January 1, 2018.
According to the 2017 Annual Report, which covers the 16-month period from September 1, 2016 to December 31, 2017, the Fund supported the development of eight web series in French and 11 web series in English, as well as the…
Continue Reading
MONTREAL – Cogeco Inc. said Tuesday that Audet family holding company Gestion Audem Inc. is selling 288,180 subordinate voting shares on a private placement basis.
The transaction does not alter the control of Cogeco since, upon completion of this transaction, Gestion Audem will retain control and ownership over 1,809,660 multiple voting shares and 77,540 subordinate voting shares of Cogeco, representing in aggregate 71.2% of the voting rights associated with all shares of Cogeco (compared to 71.8% of the voting rights prior to the transaction).
"This transaction represents only a small percentage of Gestion Audem's holding in Cogeco Inc.," said Gestion Audem…
Continue Reading
TORONTO – Cogeco Peer 1 today announced a new software-defined wide area network (SD-WAN) service, partnering with Nuage Networks from Nokia.
"As one of the first international managed services providers to offer an innovative SD-WAN solution to businesses in the US, UK and Canada, we're excited to provide customers with the agility and next-level connectivity they need to realize their true cloud potential," said Bertrand Labelle, vice-president marketing and innovation, in a press release.
SD-WAN technology is uniquely optimized to meet the growing requirements of cloud computing, says the Cogeco release. "SD-WAN addresses the transformation of branch WANs and cloud…
Continue Reading
MONTREAL – Cogeco Connexion announced Tuesday expansion of its DOCSIS 3.1 network enhancement program will continue over the next three years and enable the progressive roll-out of its gigabit offering in its Ontario and Québec markets.
This program complements the expansion and upgrade projects already carried out in recent months, says its press release. The company “will continue to augment its node segmentation efforts and drive fibre deeper into its access network,” reads the release. Cogeco’s hybrid fibre-coax network runs from Windsor, Ontario to Gaspé, Québec.
"We are not only convinced that innovation and new technologies are key business drivers,…
Continue Reading
TORONTO – Cogeco Peer 1 is adding Managed Microsoft Azure Services to its global cloud portfolio, allowing customers to select from a fully customizable list of Azure expertise and scalable services.
The company said that its range of Azure services now span the complete cloud platform, encompassing solution design/build, migration, ongoing management and connectivity. Each service can be accessed independently, bringing choice and flexibility to customers.
In addition to this customizable approach, ongoing management of Azure is on a consumption basis, so management fees flex as Azure usage changes, making it as efficient as possible for customers to unlock the full…
Continue Reading