MONTREAL – Cogeco Inc. announced yesterday its fiscal results for its fourth quarter ended Aug. 31, which showed revenue increased 4.9% to $655.1 million compared to the same period last year.
On a constant currency basis, revenue increased 8.4%. This was attributed to growth in the company’s Canadian broadband services revenue, which increased 10.1% mainly due to the company’s acquisition of DeryTelecom last December.
Revenue growth was also attributed “to growth in the number of Internet service customers and a higher value product mix, combined with rate increases implemented by certain services, partly offset by a decline in video and telephony…
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QUEBEC CITY — The federal and Quebec governments today announced they are providing $6.3 million in funding to Cogeco as part of the Canada-Quebec Operation High Speed initiative to support the deployment of high-speed Internet services to 690 households in Les Basques Regional County Municipality by September 2022.
The total cost of the broadband project is $7.7 million, which includes Cogeco’s contribution. The municipalities covered by the project include Sainte-Françoise, Sainte-Rita, Saint-Guy, Saint-Jean-de-Dieu, Saint-Clément and Saint Médard.
“Cogeco is currently taking inventory to confirm the exact number of households that currently do not have access to high-speed Internet and will be…
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TORONTO — NBCUniversal International announced today its all-reality TV subscription streaming service hayu is now available on LG smart TVs running webOS 4.0 through webOS 6.0 in 27 territories, including Canada.
The hayu app offers more than 8,000 episodes of reality content across more than 300 series, including Keeping Up With the Kardashians, Below Deck and the Real Housewives franchises. The service’s wide variety of unscripted sub-genres include home and design, dating, cooking, fashion and true crime.
A Canadian subscription to hayu costs $5.99 per month.
“This has been an incredible year for hayu, with multiple successful launches into new territories and…
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BURLINGTON, Ont. — Cogeco Connexion, the Canadian cable subsidiary of Cogeco Communications, announced today it has hired Chris Burke as the company’s new vice-president of digital and analytics.
His appointment was effective Nov. 1.
Most recently, Burke served as vice-president of digital technology at Manulife’s Global Wealth and Asset Management business, “where he was in charge of the evolution of the technology that powers Manulife’s Global Digital ambitions,” reads a Cogeco Connexion press release.
“I am thrilled to welcome Chris into the Cogeco family,” said Frédéric Perron, president of Cogeco Connexion, in the release. “His over 25 years of expertise in…
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Receives Prince of Wales’ Terra Carta Seal
MONTREAL — Cogeco announced today it has been awarded the inaugural Terra Carta Seal from His Royal Highness The Prince of Wales’ Sustainable Markets Initiative (SMI), in recognition of the telecom company’s sustainable business initiatives.
Cogeco is one of 44 companies worldwide to receive the 2021 Terra Carta Seal, “which recognises global companies that are driving innovation and demonstrating their commitment to, and momentum towards, the creation of genuinely sustainable markets,” reads a Cogeco press release.
The seal is awarded to companies whose ambitions are aligned with the Terra Carta (Earth Charter), “a recovery plan for Nature,…
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By Ahmad Hathout
Groupe TVA is asking the country’s highest court to review a case in which it was forced to provide Bell customers its sports signal after it abruptly terminated service in April 2019.
The company applied for leave to appeal to the Supreme Court of Canada in late September, two months after the Federal Court of Appeal ruled the CRTC has jurisdiction to force Groupe TVA to continue supplying the company’s sports signal during the 2019 NHL playoffs despite parent company Quebecor not agreeing to the financial terms of the distribution agreement.
The Montreal-based company is asking the high…
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BURLINGTON, Ont. — In a new brand campaign that first launched in August, Cogeco has been putting the spotlight on its local employees and the communities where they live and work.
The company’s “Your Local Connection” campaign has included billboard and bus shelter ads, website and social media ads, as well as 30- and 90-second online videos and TV commercials.
Starting August 23, the billboard and bus shelter ads have appeared in various Ontario communities, including Belleville, Burlington, Chatham-Kent, Cornwall, Hamilton, Kingston, Leamington, Niagara, North Bay, Peterborough, Sarnia, St. Catharines and Windsor.
The video ads went live at the beginning of October…
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TORONTO — Organizers of the Canadian Telecom Summit today announced the moderator and participants for a panel discussion on 5G, cloud and edge innovation that will take place during the upcoming event being held from Nov. 15-17.
Globe and Mail reporter Alexandra Posadzki (above) will moderate the session titled “5G, Cloud and Edge Innovation to advance the Digital Economy across Multiple Industries”. Panellists include: Zouheir Mansourati, senior vice-president and chief technology officer of Cogeco; Ibrahim Gedeon, chief technology officer of Telus; Robin Kaushik, vice-president of digital services at Ericsson Canada; and Vanessa Little, global chief of technology at Interdynamix.
The panel…
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TORONTO – Canadian Telecom Summit organizers announced this week Chris Terris (above), Telus Agriculture vice-president of global strategy and animal health, will be giving a keynote speech at the upcoming event, as well as announcing the moderator and panelists for the event’s Regulatory Blockbuster panel.
Terris “played an instrumental role in shaping the development of Telus Agriculture, including on the M&A, integration and brand and communication fronts,” a press release says.
“He and his team are focused on applying Telus technology to build solutions that create better food outcomes by improving the flow of information across the agricultural value chain, from…
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Government will not publish submissions received
By Amanda OYE
GATINEAU, QC – Comments submitted to the federal government’s consultation into harmful content online highlight a multitude of issues with its proposals for addressing the issue as well as with the consultation process itself.
The submissions to the consultation are not easy to come by. The deadline for comments passed in September, but the government decided it would not publish the ones it received.
A spokesperson for Canadian Heritage told Cartt.ca via email the submissions will only be available if an Access to Information and Privacy (ATIP) request is made because the submissions…
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