Search Results for: cogeco

Cable / Telecom News

Cogeco subsidiaries now known as Cogeco Peer 1

MONTREAL – After merging its Cogeco Data Services and Peer 1 Hosting subsidiaries earlier this year, Cogeco Cable Inc. said Monday that the new entity will be called Cogeco Peer 1. “The new name, Cogeco Peer 1, allows us to combine the strengths of two great companies and deliver uncompromising value and innovation, reinforcing our position as a market leader in the enterprise IT sector," said Cogeco Cable president and CEO Louis Audet, in the news release.  “Adding Peer 1 to the Cogeco master brand name is part of the Corporation's natural evolution in this sector and a final… Continue Reading

Cable / Telecom News

Cogeco unveils new cloud applications for businesses

MONTREAL – Cogeco Cable is launching a suite of cloud-based applications designed to meet the needs of its small and medium-sized business customers in Quebec and Ontario. The company said Wednesday that it will offer services including the Google Apps for Work application and Microsoft Office 365, as well as security and backup functionality such as McAfee from Intel Security, F-Secure and Mozy.  Available through an online portal, subscriptions are available on a monthly or annual basis. "Studies show that the interest of SMBs in the use of cloud-based business services has grown steadily in recent years. These companies are… Continue Reading

Radio / Television News

TVCOGECO Quebec now fully HD

TROIS-RIVIÈRES, QC – Cogeco Cable has completed the high definition upgrade of its network of local TV stations in Quebec. The company said Monday that upgrading the 15 TVCOGECO stations in the province took five years and represents an investment of $5 million.  As a result, Cogeco's customers can now view exclusive HD content on both channel 555 and on Cogeco On Demand channel 602. "TVCOGECO shows the importance that we attach to our communities," said Cogeco Cable president and CEO Louise St-Pierre, in the news release.  "TVCOGECO stations unquestionably serve as drivers of local development by maintaining jobs and mobilizing… Continue Reading

Cable / Telecom News

Cogeco Data Services, Peer 1 Hosting unveil new Montreal data centre facility

MONTREAL – Cogeco Cable subsidiaries Cogeco Data Services and Peer 1 Hosting officially opened a new 100,000-square-foot data centre in Kirkland, on the island of Montreal, Friday. The 100,000-square-foot centre is the first in Canada to offer consumption-based power billing, the most technologically advanced in the region, and represents a commitment in the order of more than $100 million over time, reads the news release. The ideal location for customers designing a data hosting, disaster recovery or business continuity solution, the facility is designed for a capacity of up to 16.5 Mega Watts, built to Tier 3 standards and backed by… Continue Reading

Cable / Telecom News

Cogeco’s Atlantic Broadband wraps up MetroCast acquisition

MONTREAL – Cogeco Cable subsidiary Atlantic Broadband has completed the acquisition of the cable system owned by MetroCast Communications. The US$200 million deal, announced in June, will see Atlantic Broadband expand to approximately 565,000 primary service units (PSU) in five operating regions – Western Pennsylvania, Miami Beach, Maryland/Delaware, Aiken, S.C. and Eastern Connecticut. “Nearly three years after our initial entry into the U.S. market, we are pleased to be continuing our geographic expansion into key growth markets," said Cogeco Cable Inc. president and CEO Louis Audet, in Thursday’s announcement.  "This transaction enhances our growth profile through the planned launch of… Continue Reading

Radio / Television News

FOX Sports Racing roars into Cogeco’s channel lineup

CHARLOTTE, NC — Cogeco Cable Canada’s English-language subscribers can now enjoy a one-month preview of FOX Sports Racing before it’s added to the channel lineup on Cogeco’s Sports Life tier. “FOX Sports continues to show a strong commitment to the Canadian motor sports community, and we’re happy to make FOX Sports Racing available to our customers,” said Anne Isabelle Roussy, VP Marketing and Product Development for Cogeco Cable Canada, in a FOX Sports press release. FOX’s dedicated motor sports network has been bolstering its schedule recently, with the addition of the Rockstar Energy Drink Motocross Nationals being held this summer… Continue Reading

Cable / Telecom News

Q3 revenues, profits, on the rise at Cogeco

MONTREAL – Cogeco Inc. credited favourable exchange rates plus growth in its cable divisions, both here and Stateside, for a 4.1% increase in third quarter revenues and a 86% jump in profits. The Montreal-based company said late Tuesday that revenue for the period ended May 31, 2015 was $557.8 million, up from $536.1 million in Q3 last year.  Profits of $66.3 million, of which $22.6 million is attributable to owners of the corporation, reflected improvement of the adjusted EBITDA combined with last year's impairment of property, plant and equipment of $32.2 million, partly offset by increases in financial expense and… Continue Reading

Cable / Telecom News

Cogeco expands U.S. operations with $200M acquisition of Connecticut’s MetroCast

MONTREAL – Cogeco Cable subsidiary Atlantic Broadband is buying the cable system owned by MetroCast Communications for US$200 million, the companies said Monday. MetroCast Connecticut's network passes close to 70,000 homes and businesses across nine communities in eastern Connecticut including New London, Waterford, East Lyme, Montville, Plainfield, Killingly, Sterling, Griswold, and Putnam.  Additionally, MetroCast Connecticut's system serves approximately 23,000 TV, 22,000 Internet and 8,000 phone customers. "With eastern Connecticut's strong demographics and MetroCast Connecticut's well-maintained networks, this acquisition brings sizeable residential and business growth opportunities," said Atlantic Broadband president and CEO Richard Shea, in the announcement.  "Our goal is to… Continue Reading

Cable / Telecom News

Cogeco offers new business phone services

MONTREAL – Cogeco Cable has launched a new business phone service designed to meet the specific communications needs of its Fibre Services customers. The new Hosted PBX – Fibre, Session Initiation Protocol (SIP) Trunking, and Primary Rate Interface (PRI) Replacement solutions share the objectives of lower phone service costs and improved productivity, plus are scalable to meet customers’ future needs, according to the news release. The Hosted PBX – Fibre solution offers business customers a highly scalable solution that includes over 40 calling features and is powered by Cogeco Cable Canada's fibre-optic network.  Hosted PBX – Fibre is perfect for companies… Continue Reading

Cable / Telecom News

Cogeco combines its Cogeco Data Services, Peer 1 Hosting subsidiaries for new “growth opportunity”

MONTREAL – Cogeco Cable Inc. is merging its Cogeco Data Services and Peer 1 Hosting subsidiaries into a new segment known as Enterprise Data Services. Cogeco Data Services is a provider of fully managed hybrid information communication technology solutions, while Peer 1 Hosting, acquired in 2013, is a web hosting provider.  With 20 data centres and over 50 points-of-presence, the combined business delivers data transport, colocation, cloud and managed services, and dedicated hosting to businesses across Canada, the United States and Western Europe. “The combination of Cogeco Data Services and Peer 1 Hosting represents a growth opportunity for Cogeco Cable… Continue Reading