MONTREAL – Cogeco Cable added TSN HD and TSN2 to its channel lineups in Quebec.
"As digital and HD television become increasingly mainstream, Cogeco Cable continues to invest in the technology to ensure its customers have access to the most interesting and relevant programming in the market," said Ron Perrotta, Cogeco’s vice-president, marketing and strategic planning.
TSN2 (channel 156) is included in the Destination Sports package in Quebec ($6.99 per month). TSN HD (channel 541) is offered at no extra charge for all digital television customers in Quebec who also subscribe to the HD Access Package ($2.99 per month)….
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MONTREAL – Cogeco Cable announced today that it has completed – pursuant to a private placement – the issue of 7% series A senior secured notes for US$190 million, maturing October 1, 2015, and 7.6% series B senior secured notes for C$55 million maturing October 1, 2018.
Interest on these notes is payable semi-annually in arrears on April 1 and October 1 of each year commencing April 1, 2009. The aggregate gross proceeds from the issue of these notes amount to approximately C$257 million. Net proceeds of approximately C$255 million, after underwriters’ fees and other expenses, will be applied…
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MONTREAL – Former TQS head Rene Guimond has been appointed vice-president, development, new media for Cogeco Cable.
The cable company’s parent, Cogeco Inc., was the fomer controlling shareholder of TQS, until it was sold earlier this year.
In his new role, Guimond “will investigate the best opportunities for Cogeco Cable’s growth in the new media field. He will act as an internal advisor, collaborating at various levels within the company towards proposing new avenues to the corporation’s management committee,” says the press release.
Guimond was president and CEO of Cogeco Radio-Television Inc. and TQS from 2005-2008, “where he demonstrated his…
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MONTREAL – Cogeco Cable has launched TSN2, TSN2 HD and Super Channel HD.
TSN2 and its HD twin, TSN2 HD, is a 24-hour sports digital network, featuring 800+ hours of live and exclusive major league sports action that won’t fit on the main TSN channel.
Pay service Super Channel HD provides series, movies, documentaries and music all in high definition. Starting today, these channels are now offered to the majority of Cogeco Cable Digital Cable customers in Ontario.
"As digital and HD television become increasingly mainstream, Cogeco Cable continues to invest in the technology to ensure its customers have…
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MONTREAL – Cogeco Cable said today it has completed the $200 million purchase of Toronto Hydro Telecom, the telecommunications subsidiary of Toronto Hydro Corporation, which was announced on June 13, 2008.
The new subsidiary of Cogeco Cable will now operate under the name of Cogeco Data Services Inc.
"The completion of this acquisition represents a significant step for Cogeco Cable because it strengthens our position in the business market segment," said Louis Audet, president and CEO of Cogeco Cable. "Mr. Dave Dobbin, president of Cogeco Data Services Inc., and his management team will continue to operate and lead this…
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MONTREAL – Revenue at cable company and radio broadcaster Cogeco Inc. increased by 13.8% to $284 million in the third quarter and by 13.6% to $816 million for the first nine months of fiscal 2008, ended May 31st.
Operating income from continuing operations before amortization grew by 22.4% to $117.2 million in the third quarter and by 21.1% to $327.8 million for the first nine months. Free cash flow reached $37.1 million in the third quarter and $79.5 million for the first nine months.
In the company’s cable sector – which is by far the largest division of the…
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MONTREAL – Cogeco Cable has added three new on-demand channels, Food Network On Demand, HGTV On Demand and National Geographic Channel On Demand, to its Ontario digital line-up.
Digital cable customers to these three channels can watch some of the most popular programs on the channels free any time they want with Cogeco On Demand.
Subscribers have access to 40 hours of content at all times for each of the channels.
Food Network On Demand is on channel 665, HGTV On Demand on channel 664 and National Geographic Channel On Demand on channel 678 or from the VOD main menu…
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MONTREAL and TORONTO – After the close of trading on Friday, Cogeco Cable announced it has reached a definitive agreement to acquire all of the shares of Toronto Hydro Telecom, the telecommunications subsidiary of Toronto Hydro Corporation for $200 million.
The deal is subject to certain conditions, including regulatory approval by the commissioner of Competition. The purchase price represents a 9.6 multiple of the projected fiscal 2008 EBITDA of THTI. In addition, Cogeco Cable will assume a working capital deficiency and liabilities of approximately $4 million.
THT offers data communications and other telecommunications services such as Ethernet, private line,…
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MONTREAL – Cogeco Cable promoted 10 people internally during the months of May and June 2008.
They are as follows:
Ron Perrotta, who has been Vice President, Marketing of Cogeco Cable since 2002, is appointed Vice President, Marketing and Strategic Planning. In this expanded role, he will also be responsible for Cogeco Cable’s strategic planning.
Gary Pelletier is appointed Director, International Markets. In this role, he will be Cogeco Cable’s prime liaison with its current and potential assets abroad. Pelletier joined Cogeco Cable in 2003 and was previously Director, Product Marketing – Cable Television and High Speed Internet.
Louise Desilets…
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MONTREAL – Cogeco Cable launched its Quebec Wi-Fi Internet access service today in Trois Rivieres.
As in Ontario, the company is offering this new service at no additional charge to its Québec High Speed Internet (HSI) subscribers.
“We’re delighted to be able to bring this new service to our HSI customers,” said Ron Perrotta, vice-president, marketing, in the press release. “Wi-Fi continues to grow in popularity as more and more people need an Internet connection for work or school or to surf the web wherever they are. This is real value added for our current subscribers and an easy…
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