MONTREAL – Second-quarter revenue at Cogeco Inc. increased 3.6%, to reach $536.9 million while revenue for the first six-month period ended February rose 3.8%, to reach $1.08 billion.
The growth in the quarter and half ended February 28th was mainly driven by the cable and enterprise data services segment as well as the favorable foreign exchange rates.
Adjusted EBITDA increased by 3.3%, to $229.1 million compared to the second quarter of fiscal 2014, and by 3.9%, to $463.1 million in first six months of the year. Q2 profit was $55 million, compared to $58.5 million for the same period…
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MONTREAL – Cogeco Cable Canada is offering customers in Quebec and Ontario new wireless modems with AC technology, allowing for a greater range of wireless coverage at home and faster download speeds.
The new modems are available now for many of Cogeco’s Internet packages for $4.95 per month.
"Daily Internet usage on wireless devices is growing steadily in Canadian homes, and an increasing number of families have numerous devices that perform a range of different functions simultaneously," said Anne Isabelle Roussy, VP marketing and product development, in the news release. "The new wireless AC technology means we can ensure that our customers…
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TROIS-RIVIÈRES, QC – Cogeco Cable launched a customized version of TiVo to its Quebec-based cable customers Monday, some five months after first rolling it out in Ontario.
The Cogeco TiVo's fully integrated advance search function explores live television as well as recorded, on-demand and online content, according to the announcement, plus offers full integration of Netflix into the platform. Netflix subscribers can access the content this service offers through the TiVo platform by way of a simple unified search, without having to use additional external devices. TiVo also helps users discover new content by providing personalized recommendations, plus…
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TORONTO – Cogeco Data Services has launches Canada's first geo redundant multi-hypervisor-public cloud and self-service management portal.
The enhanced Public Cloud Virtual Data Centre (VDC) service provides customers with the choice between flexible enterprise-class virtual environments, including Microsoft's Hyper-V and VMWare's vSphere platforms, reads the announcement.
All customers subscribing to the new platform will also have access to the Cogeco Data Services' new self-serve portal capabilities through which they can manage, configure and automate their cloud environment in a customized manner suited to their unique ICT requirements. This includes access to real-time visibility, the ability to take advantage of many self-service…
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MONTREAL — Cogeco Data Services says its new 100,000-square-foot data centre in Montreal is on track to launch this coming spring.
Currently under construction in the suburb of Kirkland, the company’s new state-of-the-art facility will be designed to Tier 3 standards. It will provide customers in Montreal and the surrounding area with access to advanced colocation, managed IT and cloud services.
“We are very excited to add another advanced facility to our growing data centre footprint,” said Tony Ciciretto, president and CEO, Cogeco Data Services and Peer 1 Hosting, in a news release. “The new centre is specifically designed to…
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MONTREAL – Cogeco Inc. doesn’t think it can expand its territory through acquiring other Canadian cable companies, and it doesn’t want to start building its network out to compete directly with its neighbours, so its strategy for stopping its losses in TV subscribers in Canada comes down to one word: TiVo.
The company started offering the advanced set-top box to its Atlantic Broadband customers in the United States last year, and in Ontario in November, and will start offering it in Quebec starting this spring. The TiVo box is a whole-home DVR capable of recording six channels at…
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MONTREAL – Cogeco Cable kicked off fiscal 2015 with “solid” first quarter financial results that included a 14.1% jump in profits.
For the first quarter ended November 30, 2014, the company said that revenue increased 4.6% to $497.0 million, up from $474.9 million last year, driven by growth of 1.8% in its Canadian cable services segment, 15.2% in the American cable services segment and 3.5% in the Enterprise data services segment. Revenue increased organically from most operating units combined with favorable foreign exchange rates in its foreign operations.
Adjusted EBITDA rose 3.5% to $218.9 million, compared to $211.5 million in the same…
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MONTREAL – Cogeco Cable has named Richard Shea as president and CEO of its American subsidiary Atlantic Broadband, and David Isenberg as its president and chief revenue officer, effective January 1st.
Current president, CEO and company co-founder Edward Holleran has decided to step down from his position effective January 1, 2015, but will stay on as vice president of industry relations on a part-time basis.
Both Shea and Isenberg have been with Atlantic Broadband since it was founded in 2003. Shea began his career with the company as chief information officer and has served as chief operating officer the past two years,…
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MONTREAL – Cogeco Cable has launched its home phone service in the Quebec municipality of Paspebiac, located at the south end of the Gaspe Peninsula.
All Cogeco customers, and the majority of the residents in this area, may subscribe to the service immediately by selecting either the Basic Line, Select or Freedom package and adding on calling features such as voice mail, call display, call waiting and three-way calling.
"We're excited to launch our Home Phone service in Paspebiac because we know it truly is what our customers are looking for: flexibility, choice and competitive price”, said Anne Isabelle Roussy, Cogeco’s…
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TORONTO – Cogeco Data Services has unveiled plans to launch Canada’s first Public Cloud service early next year, providing Canadian businesses with public, private and hybrid cloud capabilities.
The company said that the new Public Cloud will offer customers the choice between flexible enterprise-class virtual environments, including Microsoft's Hyper-V and VMWare's vSphere platforms. The Public Cloud will also provide access to advanced features including virtual data centre, next-generation storage performance management, hybrid capabilities and geo-redundancy supported by managed security, ITand public and private connectivity options. Customers will be able to manage their cloud environment through new portal capabilities that provide…
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