MONTREAL – Cogceo Cable has overhauled and renamed some of its high speed Internet packages for residential and business customers in Ontario and Quebec, the company said this week.
The new speeds will automatically and progressively be rolled out to current subscribers, at no additional cost, while new customers may now subscribe to these enhanced packages, reads the company’s press release.
In Ontario and Quebec, the Turbo 30 package is now Turbo 40 after the download speed was increased to 40 Mbps. The Ultimate 55 and Ultimate 55 Unlimited packages saw their download speeds boosted to 60 Mbps, and are now…
Continue Reading
MONTREAL – He’s generally not the most outspoken CEO in land, but Cogeco’s Louis Audet made his most political statement yet in a speech to the Board of Trade of Metropolitan Montreal on Thursday and to journalists at a press conference afterward.
Audet made use of the speech to publicize a plea to the Canadian government to take in more refugees. Though the new Liberal government has promised to bring in 25,000 by the end of the year — something experts and critics have said would be difficult logistically — Audet said 100,000 a year should be feasible.
“It’s not a…
Continue Reading
MONTREAL – Growth in Cogceo Inc.’s cable and enterprise data services segment helped to drive up fourth quarter revenues by 5.6% and boost profits by 32.6%.
The Montreal-based company said late Wednesday that revenue for the period ended August 31, 2015 was $554.1 million, up from $524.5 million in Q4 last year. Profits of $78.5 million, of which $25.4 million is attributable to owners of the corporation, is due primarily to the improvement of adjusted EBITDA and the $27.4 million settlement of a claim with a supplier in the cable and enterprise data services segment, partly offset by increases in…
Continue Reading
MONTREAL – Tony Ciciretto is stepping down as president and CEO of Cogeco Cable’s newly renamed business unit Cogeco Peer 1, the company said late Wednesday.
He will be replaced by Philippe Jetté (pictured), who is currently SVP, chief technology and strategy officer of Cogeco Inc. To ensure a smooth leadership transition, Ciciretto has agreed to serve in an advisory role at Cogeco Peer 1 until December 31, 2015.
"It is with regret that we are announcing Tony's decision to step down to pursue other opportunities," said Cogeco Inc. president and CEO Louis Audet, in the announcement. "On behalf of…
Continue Reading
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
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
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
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
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
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
