Search Results for: cogeco

Cable / Telecom News

TPIA: Federal Court sides with independents on wholesale fee fight

OTTAWA – The Federal Court of Appeal has sided with the third party internet service providers in their defence of the August 2019 CRTC decision which lowered wholesale rates they pay to the incumbent telcos and cablecos – and established retroactive payments dating back several years. It was a unanimous 3-0 decision and grants the respondents (the independents) their legal costs, too. Companies like TekSavvy and Distributel and Start.ca serve tens of thousands of Canadians by leasing space on the networks of Bell, Rogers, Telus, Cogeco and the like and when the CRTC set the new rates with that decision,… Continue Reading

Cable / Telecom News

Cogeco turns down $10.3 billion offer from U.S. cableco (updated)

Additional deal would have seen Rogers get Canadian ops for $4.9 billion By Greg O’Brien NEW YORK – It was a fast news cycle for Cogeco on Wednesday. The day opened with the announcement Altice USA, which owns broadband and cable providers Optimum (formerly Cablevision) and Suddenlink, among other assets, offered to buy Cogeco Inc. (CGO) and Cogeco Communications Inc. (CCA) for C$10.3 billion. It submitted the offer to Cogeco on Tuesday after the close of markets and announced it had done so before they opened on Wednesday morning. Altice also said it entered into an arrangement to sell all of Cogeco’s Canadian… Continue Reading