HAMILTON – Cogeco announced today it is teaming up with Hamilton Bike Share for a three-year sponsorship deal.
“Their sponsorship helps ensure the bike share system thrives so residents and visitors to our city can continue enjoying a sustainable, healthy, and fun way to get around Hamilton,” said Chelsea Cox, executive director of Hamilton Bike Share, in a press release.
Hamilton Bike Share has 39,000 users who have access to 800 smart bikes 24/7, all year long. Its Everyone Rides Initiative helps to remove the cost barrier that may prevent access to the service.
The partnership is consistent with Cogeco’s emissions reduction…
Continue Reading
MONTREAL – Cogeco Inc. announced yesterday a revenue increase of 3.7% to $649.3 million, for its third quarter, which ended on May 31st 2021, compared to the same period last year.
This was partially attributed to an increase in its Canadian broadband services revenue by 10.2% due to its December 2020 acquisition of DeryTelecom, as well as “the cumulative effect of sustained demand for residential high-speed Internet since the beginning of the pandemic and rate increases implemented for certain services,” according to a press release.
Cogeco also reported its adjusted EBITDA increased by 1.3% in Q3, reaching $302.3 million, according…
Continue Reading
QUEBEC CITY — The federal and Quebec governments have jointly awarded more funding through the Canada-Quebec Operation High Speed program to Videotron and Cogeco to bring high-speed Internet access to several rural communities throughout Quebec.
Announced last week, Videotron is receiving a combined amount of $34 million from the two levels of government to support its deployment of high-speed Internet services to 5,300 households in the Bas-Saint-Laurent region by September 2022.
With an expected total cost of $39.64 million, the Videotron project will target 44 communities in the Les Basques regional county municipality (RCM), Kamouraska RCM, Rivière-du-Loup RCM and Témiscouata RCM….
Continue Reading
By Amanda Oye
LARGE INTERNET SERVICE providers have been the recipients of the vast amount of funding from the Universal Broadband Fund that had been allocated as of June 30th, 2021.
Jay Thomson, CEO of the Canadian Communication Systems Alliance (CCSA), compiled publicly available data, which shows Videotron, Cogeco, Bell, Telus and Rogers have been the major winners of UBF funding (see chart below).
The data takes into account two sets of funding. The first is funding from the UBF’s Rapid Response stream and the second is from the Canada-Quebec Operation High-Speed project, which received half of its $826.3-million funding from…
Continue Reading
MONTREAL and QUINCY, Mass. – Cogeco Communications’ announced today its American subsidiary, Atlantic Broadband, has agreed to acquire WideOpenWest’s broadband systems located in Ohio for US$1.125 billion.
The WOW Ohio broadband systems pass approximately 688,000 homes and businesses in Cleveland and Columbus and serve approximately 196,000 Internet, 61,000 video and 35,000 telephony customers, as of March 31, 2021, reads the press release. For the twelve months ended March 31, 2021, the company’s revenue was US$244 million
“The acquisition of WOW’s Ohio broadband systems allows us to add significant scale to our growing and profitable U.S. broadband business,” said Philippe Jetté, president…
Continue Reading
QUÉBEC CITY — For a rural broadband project costing $127.72 million, Videotron will receive a combined amount of $121 million in funding from the Canadian and Quebec governments, as part of the Canada-Quebec Operation High Speed initiative, to deploy high-speed Internet services to 13,300 households in the Abitibi-Témiscaminigue and Nord-du-Québec regions by September 2022.
The announcement was made today by the federal and provincial governments who have committed to providing $826.3 million in combined funding through the Operation High Speed program, first announced in March, to ensure connectivity for 150,000 underserved homes in rural Quebec by September of next year….
Continue Reading
Want faster, cheaper piracy measures
By Ahmad Hathout
OTTAWA – The country’s largest broadcasters and telecoms want new copyright legislation to include provisions that give the courts the ability to order website-blocking, prevent the CRTC from overruling blocking orders, and to expand authority over other intermediaries to choke off infringers.
Bell, Rogers, Telus, Shaw, Cogeco, Quebecor, SaskTel, Eastlink, and the Canadian Communications System Alliance also want the legislation to reflect the courts’ ability to unilaterally order search engines to de-index infringing websites, social media platforms and to force hosts, like Cloudflare, to take down infringing services and not direct users to it,…
Continue Reading
Auction starts today
By Ahmad Hathout
OTTAWA – The strings attached to the federal government’s 3.5 GHz spectrum, whose auction beginning today will repurpose portions of it for mobile wireless use, include a speed-to-deployment component that complements federal policy to accelerate connectivity throughout the country by the end of the decade.
Winners of the auction, which Innovation Canada said will take “several weeks,” will have to deploy the spectrum largely within the 2030 timeframe for which the federal government hopes to provide access to all Canadians to high-speed internet.
While the focus is largely on what the 3.5 GHz spectrum will do for…
Continue Reading
OTTAWA and QUEBEC CITY — The federal government announced today $289,000 in Universal Broadband Fund (UBF) money has been awarded to Bell Canada to bring high-speed Internet to two rural communities in eastern Ontario, while $10.4 million is being provided through the Canada-Quebec Operation High Speed program to Cogeco to deliver broadband to 12 towns in the Montmagny regional county municipality (RCM) near Quebec City.
The UBF funding, provided through the fund’s rapid response stream, will see Bell deliver high-speed broadband to 601 underserved households in the communities of Crysler and St-Albert, located southeast of Ottawa. Bell is investing an…
Continue Reading
QUEBEC CITY — Through the Canada-Quebec Operation High Speed initiative, $30.6 million in joint government funding is being provided to Cogeco for the deployment of high-speed Internet services in the rural Montérégie region of Quebec, the department of Innovation, Science and Economic Development Canada announced today.
The project, with a total value of $34.7 million (including Cogeco’s contribution), will see 5,380 homes throughout the region provided with access to Cogeco’s high-speed broadband services by September 2022.
For more information, including the list of more than 40 municipalities to be covered by this broadband project, please click here.
Over the next few…
Continue Reading
