MONTREAL – For the fourth quarter of fiscal 2016, revenue at Cogeco Inc. increased by $18 million, or 3.2%, to reach $572 million driven by growth in the communications segment mainly through the improvement of its American broadband services operations, the company said in a press release announcing its Q4 and fiscal 2016 year-end results.
Adjusted EBITDA increased by 5.6% to reach $258.3 million compared to the same period of fiscal 2015 mainly as a result of the improvement in the Communications segment and profit for the period amounted to $80.7 million, compared to profit for the period of…
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TORONTO – Cogeco Peer 1 is offering cloud connect for ExpressRoute, a secure and high performance connectivity solution for Canadian Microsoft Cloud customers.
As an Azure ExpressRoute partner, Cogeco Peer 1 said that it is now able to deliver a dedicated, secure, high performance connection to Azure, Office 365, and Microsoft Dynamics CRM, allowing businesses to leverage all the benefits of a public cloud without the risks associated with typical internet connections.
"Cogeco Peer 1 cloud connect for ExpressRoute enables organizations to bypass the intrinsic security, reliability, and performance risks associated with the internet via secure, dedicated, low latency connectivity to…
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MONTREAL – Videotron, Bell and Cogeco were quick to jump on the CRTC-commissioned broadband report that determined that Internet service providers (ISPs) largely meet or exceed their advertised download and upload speeds.
In a statement, Videotron noted that the report found that its actual download speeds averaged 106% of its advertised speeds between March 15 – April 14, 2016, when the data was collected, and upload speeds were 103% of the advertised speeds.
"Videotron has been an Internet trailblazer: we were pioneers more than 20 years ago and were among the first to offer high-speed service in Québec. Year after year,…
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WATERFORD, CT – Cogeco Communications subsidiary Atlantic Broadband has launched Gigabit internet service in Connecticut, but there’s no indication that its Canadian parent will follow suit any time soon.
Atlantic Broadband's GigaEdge's residential and Pro GigaEdge's business internet services are now available to over 37,000 homes and businesses in eastern Connecticut communities including East Lyme, New London, Niantic, Montville, Oakdale, Quaker Hill, Uncasville and Waterford, according to that company’s news release. Pricing starts at $89.99/month for new residential customers and $249.99/month for new business customers.
But with 120 Mbps currently available to 90% of Cogeco’s footprint in Canada and its top…
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MONTREAL – Cogeco Inc. and Cogeco Communications Inc. have named Luc Noiseux as senior vice-president and chief technology and strategy officer, effective immediately.
Noiseux (pictured) joins Cogeco from Accedian Networks where he was most recently VP of research and development. He also held several senior research and development roles at Alcatel-Lucent.
At Coegco, Noiseux will be responsible for the development of emerging technology selection and deployment plans, and for the corporate strategy and strategic planning process, reads Monday’s announcement. He will also act as a partner and trusted advisor to officers and members of the senior executive team at both the…
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Smithard to be promoted
MONTREAL- Cogeco Communications announced Friday Louise St-Pierre (right) has decided to retire as president and CEO of Cogeco Connexion.
Effective September 1, 2016, Ken Smithard, vice-president, performance, organizational efficiency and information technology, will become president of Cogeco Connexion. St-Pierre will remain in an advisory role until November 30, 2016, to ensure a smooth leadership transition, says the press release.
Since joining Cogeco in 1999 as vice president and chief information officer, St-Pierre has held subsequent roles of increasing responsibility within Cogeco Connexion's senior management team, eventually being named president and CEO in 2013.
"On behalf of the…
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MONTREAL — Cogeco Connexion is getting a refreshed look with a new brand identity being unveiled today in an advertising campaign launched in Quebec and Ontario. The new tagline “Switch on Amazing” will feature in Cogeco Connexion’s branding going forward.
“Switch on Amazing is a tagline that embodies our commitment to offering our clients an unmatched experience at every level of interaction with Cogeco,” Daniel Boisvert, vice-president of marketing and innovation for Cogeco Connexion, said in a news release.
The “Switch on Amazing” branding was developed to showcase the company’s distinctive strengthens in providing the best customer service in its…
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MONTREAL – A $450 million writedown of its Business ICT services segment contributed to third quarter losses at Cogeco Inc., the company announced Thursday.
For the period ended May 31, 2016, losses amounted to $381.9 million of which $117.7 millionwas attributable to owners of the corporation, compared to a $66.3 million profit in the same period last year of which $22.6 million was attributable to the owners of the corporation. According to the news release, the decrease is mainly due to the non- cash pre-tax impairment of goodwill and intangible assets of $450.0 million and from $10.5 million related to…
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TORONTO – Cogeco has added Telelatino’s seven TV channels to its Ontario lineup.
The channels include Spanish-language services Univision Canada, TeleNiños, and Cinelatino, plus Italian-language channels Mediaset Italia, Sky TG24 Canada, and TeleBimbi. Cogeco has also launched the HD version of TLN’s flagship channel.
All channels are available on a three month free preview.
www.tln.ca
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MONTREAL – Cogeco Connexion has completed its new free wireless Internet network across St. Catharines and Niagara Falls, ON.
With over 360 hotspots, Cogeco said that the network was largely built by leveraging its business customers, and covers locations such as retail shops, restaurants and professional services offices alongside high-traffic streets like Welland Avenue, St. Paul Street and Hartzel Road in St. Catharines, as well as Victoria Avenue, Lundy’s Lane and Drummond Road in Niagara Falls.
Cogeco high-speed Internet customers can connect for free to a Cogeco hotspot with any Wi-Fi-enabled device by signing-in with their “My Account” credentials. After signing-in…
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