By Ahmad Hathout
MONTREAL – With less than a month remaining to get an agreement hammered before the CRTC-imposed deadline, Cogeco CEO Philippe Jette said the telecom is still working to get a deal done to roam on the large carriers’ wireless networks.
“We’re still determined to launch a mobile service in Canada and we are now in negotiations with the MNO,” Jette said on the company’s fiscal third-quarter conference call with analysts Friday. “For competitive reasons, we won’t go further on this call…it remains a critical element for our business case to enter for the long-term this market, so we…
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OSGOODE – Bell and Cogeco will get a combined $71 million from the federal and provincial governments to provide high-speed internet access to more than 22,000 homes in 74 rural communities across eastern Ontario, according to a press release Thursday.
Bell will be tasked with tackling roughly 82 communities, while Cogeco will address access in three.
The funding will come, in part, from a joint partnership between Ontario and Innovation Canada’s Universal Broadband Fund.
Cogeco will be tasked to provide access to the communities of Battersea, Inverary, and Marysville.
Meanwhile, Bell will provide access to the following communities:
Algonquin, Athens, Blanchards Hill, Brockville, Charleston,…
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By Ahmad Hathout
MONTREAL – Cogeco CEO Philippe Jette said Friday that wireless service providers are in a better position to focus on negotiating mobile virtual network operator deals with the conclusion of Rogers’s acquisition of Shaw.
“It provides more predictability throughout the industry now that this transaction is over and we know what to expect of it,” Jette said on the company’s second-quarter conference call Friday morning.
“I think now every player is at a better place with the conclusion of the transaction and getting ready for the next steps negotiating partnerships and rates,” he added.
Earlier this month, Rogers and Videotron Continue Reading
MILTON – Cogeco is set to receive nearly $2.4 million from the combined federal and Ontario broadband partnership to connect 299 homes in Campbellville, Ontario, a news release said Thursday.
“This project is very special to us, as it is right in our Ontario head office community: Halton Region,” Cogeco’s vice president and general manager of customer experience and business-to-business, said in the release. “We are pleased to contribute to the local economy and drive growth in the region.”
The announcement is part of a larger commitment to get the entire province connected to high-speed internet by the end of 2025. The money…
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MONTREAL – Cogeco Connexion announced Tuesday it is acquiring the internet customers of oxio, which said it is focusing on its software business going forward.
“Oxio is an attractive brand with high customer satisfaction and a great team,” Cogeco Connexion president Frederic Perron said in a press release. “Its home Internet offering, based on a digital-only experience, is an exciting addition to our wide range of high-quality telecommunications services. With the acquisition of oxio, Cogeco Connexion will now have a second brand to serve the telecommunications needs of Canadians.”
Oxio operates in Quebec, Ontario and the west. Cogeco did not respond…
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By Steve Faguy
MONTREAL — Cogeco is launching a wireless service in Canada. Or at least, it’s almost certain. The question now isn’t so much whether it will launch, but how and where.
Speaking to analysts and journalists on Friday ahead of the company’s annual general meeting, Cogeco CEO Philippe Jetté confirmed a dedicated team of 30-40 people is in place working on a wireless network plan, with many other employees contributing to it, and major capital expenditures have been budgeted for the rollout.
The remaining step before the real work begins is to await the CRTC’s determinations on specific rules for…
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CEO calls CRTC decision restricting those qualifying under MVNO framework “unfortunate”
MONTREAL – Cogeco announced its fourth quarter 2022 financial results last night, showing revenue was up 14% year-over-year, while earlier today, on an investor’s call, its president and CEO Philippe Jetté outlined the company’s next steps towards launching wireless.
Financial results
In terms of its Q4 2022 financial results, Cogeco reported revenue of $746.9 million. The company also reported adjusted EBITDA increased 18.7% to $348.5 million.
Cogeco’s Canadian telecommunications revenue alone increased 1.1% and adjusted EBITDA increased 6.4% year-over-year, “mainly resulting from lower marketing expenses and certain year-end adjustments,” a press…
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BRIDGENORTH, Ont. — The governments of Canada and Ontario today announced more than $56 million in combined funding for two projects by Bell and one by Cogeco Connexion to bring high-speed Internet access to more than 16,000 homes in rural communities across eastern Ontario.
The announcement was made by Gudie Hutchings, federal minister of rural economic development, and Amarjot Sandhu, parliamentary assistant to Ontario’s minister of infrastructure, at the Selwyn Public Library’s Bridgenorth Branch in the town of Bridgenorth, Ont., near Peterborough.
A government backgrounder outlines more details about the amount of funding each ISP is receiving for their projects…
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TORONTO — Organizers of the 2022 Canadian Telecom Summit (CTS) confirmed today Frédéric Perron (above), president of Cogeco Connexion, will deliver a lunch keynote on Monday, Nov. 21 at 12 p.m. ET.
Perron has been with Cogeco since September 2020 when he took on the role of Cogeco Connexion president. He “has over two decades of managerial experience at leading international telecommunications and financial services companies such as T-Mobile, Vodafone, and Capital One,” says an email announcing him as a keynote speaker at CTS.
Perron “has a proven track record in marketing, sales, customer service, operations, eCommerce, product development, and IT,”…
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ESSEX COUNTY, Ont. – Southwestern Integrated Fibre Technology (SWIFT) announced today an additional 484 underserved homes and businesses in Marentette Beach in Essex County will soon have access to fast reliable Internet.
“Through the SWIFT initiative, Cogeco Connexion was awarded funding to service rural areas southeast of Leamington and north of Point Pelee National Park,” a SWIFT press release explains. “The network’s main fibre route will run along parts of Point Pelee Drive, Mersea Road 12, Mersea Roads B, D and E, Marentette Beach and E Beach Road.”
Construction on the network began earlier this year and is expected to…
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