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Search Results for: cogeco

Cable / Telecom News October 31, 2013 12 years ago

Recent acquisitions drive solid Q4 for Cogeco

MONTREAL – The acquisitions of Atlantic Broadband and Peer 1 Networks drove results at Cogeco Inc. to new heights, the company reported last Wednesday. The cable, broadband and radio company saw its fourth quarter revenue increase 41.5% to reach $504.7 million in the fourth quarter ended August 31st and by 30.4% for fiscal 2013 to close at $1.8 billion when compared to the same periods of the prior year; Operating income before depreciation and amortization increased by 37.1% to $224.3 million compared to the fourth quarter of fiscal 2012, and by 31.4% to $797.4 million compared to the… Continue Reading

Cable / Telecom News October 28, 2013 12 years ago

Cogeco trumpets its privacy policy

MONTREAL – In a move that seems more like a shot at a competitor, Coegco Cable confirmed its “commitment to its customers' privacy” in a news release on Monday. As Cartt.ca reported, Bell said last week that it is tracking its mobile customers’ web habits in order to deliver customized ads.  Cogeco said that its confirmation comes “in light of a telecommunications company's recent decision to modify its privacy policy to allow for the collection of data on its users' TV and web habits and telephone pattern, a decision which has provoked recent outrage by Canadian… Continue Reading

Radio / Television News October 25, 2013 12 years ago

Fight Network HD scores spot on Cogeco

TORONTO – Fight Network is now available in high-definition for Cogeco Digital TV customers in Ontario. The world’s 24/7 television channel dedicated to coverage of combat sports is now included in Cogeco’s Sport Life theme pack on channel 749, in addition to its SD position on Channel 121. “We are so pleased that Cogeco Cable Canada has stepped up and added Fight Network programming in HD”, said CEO Leonard Asper, in the news release.  “We’ve received massive interest from subscribers, as well as restaurant and bar owners who want to receive Fight Network in HD,… Continue Reading

Cable / Telecom News October 16, 2013 12 years ago

Cogeco launches home phone service in Fergus, Elora

MONTREAL – Cogeco rolled out its residential phone service in the communities of Fergus and Elora in Ontario this week. The company said that customers may select one of three packages starting at $13.99 per month, keep their current phone number, and have the option of adding features such as long distance packages and voice mail. "We're excited to launch our Home Phone service in Fergus and Elora because we know it truly is what our customers are looking for: flexibility, choice and competitive price," said Anne Isabelle Roussy, Cogeco’s VP marketing and product development, in the announcement. www.cogeco.ca Continue Reading

Cable / Telecom News August 6, 2013 12 years ago

St-Pierre promoted to top job at Cogeco Cable Canada

MONTREAL – Cogeco Cable announced today it has promoted Louise St-Pierre, who has been with the company for 14 years, to the position of president and CEO of Cogeco Cable Canada. St-Pierre, who is now responsible for overseeing the operations of Cogeco Cable Canada, first joined Cogeco Cable in 1999 as VP and CIO. Over the years she held increasingly senior positions with the company’s management team. In 2007 she was named VP of customer services and Ontario operations, and in 2011 was promoted to SVP residential services in Sept 2009.
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Cable / Telecom News July 30, 2013 12 years ago

Cogeco Turbo, Ultimate internet packages launch in Hunstville, Renfrew, Ont.

MONTREAL – Cogeco Cable announced today that its Turbo 20, Ultimate 30 and Ultimate 60 High Speed Internet packages will now be available in Huntsville and Renfrew, Ont. The company says all three packages use DOCSIS 3.0 technology, which optimizes data compression for a more efficient and economical use of bandwidth, which enables the company to offer more bandwidth at a competitive price. The Turbo 20 package offers a download speed of up to 20 Mbps and upload speed of up to 2 Mbps and a monthly data transfer capacity of 150 GB. The Ultimate… Continue Reading

Cable / Telecom News July 11, 2013 12 years ago

Despite basic cable sub losses, new acquisitions help drive Cogeco’s third quarter

MONTREAL – Good third quarter results from Cogeco Inc. and Cogeco Cable were helped along thanks to six months of operating results of new acquisition Atlantic Broadband and four months operating results from an even newer buy, Peer 1 Network Enterprises, the company reported Wednesday evening. Third quarter revenue increased by 40.9% to reach $504.4 million and by 26.7% for the first nine months to reach $1.3 billion when compared to the same periods of the prior year. Operating income before depreciation and amortization increased by 39.2% to $220.6 million when compared to the third quarter of fiscal 2012, and by… Continue Reading

Radio / Television News July 2, 2013 12 years ago

AUX HD available to Eastlink and Cogeco customers

TORONTO – Blue Ant Media’s AUX TV announced Tuesday that Eastlink and Cogeco Cable have signed as the first distribution partners to carry AUX HD. Eastlink subscribers will automatically receive AUX HD on channel 759 (HD) and can still receive AUX TV on channel 294 in SD. Cogeco subscribers, meanwhile, will automatically receive AUX HD on channel 834 (HD), and will still be able to receive AUX TV in SD on channel 415. “We’re pleased to have Eastlink and Cogeco Cable as our first distribution partner,” said Andrew Irwin, Blue Ant Media's VP of content distribution and partnerships, in a release. “Canada now has… Continue Reading

Cable / Telecom News June 27, 2013 12 years ago

Network Expansion: Cogeco adds home phone services in two Quebec communities

MONTREAL – Cogeco announced Tuesday it has launched its home phone service in Ste-Rosalie and Notre-Dame-du-Bon-Conseil with a special promotional offer of $4.99 a month. Two different packages are available to residents of these communities: the Basic Line package, which includes unlimited local calling and the Freedom Package, which includes unlimited local calling, the five most popular calling features and unlimited long distance calling in Canada and the U.S. www.cogeco.ca Continue Reading

Cable / Telecom News May 28, 2013 12 years ago

Cogeco’s U.S. subsidiary amends credit agreement

MONTREAL – Atlantic Broadband, a subsidiary of Cogeco, announced today that it has amended its existing credit agreement. As part of the amendment, the Massachusetts-based cable company has lowered the pricing for its Term A facility, Term B facility and revolving credit facility, and increased the size of its revolving credit facility by converting $50 million of the Term A loans into revolving credit commitments. The amount of Atlantic Broadband’s debts remains essentially unchanged. The applicable margin for the Term A facility and the revolving credit facility will be decreased to 2.375% with step downs… Continue Reading
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