MONTREAL – Cogeco has added TSN2 and one of Canal Indigo channels to its HD lineup, and Teletoon Retro in SD to its digital platform in Quebec.
"By adding these three new channels to our digital and HD television line-ups, we are giving our customers the choice to watch even more of what they want," said Ron Perrotta, vice-president of marketing and strategic planning in a press release.
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MONTREAL – Cogeco reported today that growth and acquisitions in the cable sector helped to drive up their consolidated revenue by 16.5% to $292.9 million for their fourth quarter, and by 14.4% to $1.1 billion for their fiscal year end.
Revenue-generating units (RGU) in the cable sector grew by 41,100 for the quarter and 231,209 net additions for the year, for a total of 2,716,874 RGU at August 31, 2008, the company’s press release said. FYI – one subscriber with voice, Internet, analog and digital cable TV equals four RGUs.
"Our fourth-quarter was marked by the entry of Cogeco…
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MONTREAL – Ian Collins has been named acting president of Cogeco Data Services, the company announced today.
He was president of FibreWired Hamilton prior to joining Cogeco Data Services as vice-president, operations in the fall of 2005. Collins has been responsible for leading the technical direction, planning, construction and maintenance of the Cogeco Data Services fibre network.
In partnership with the management team, Collins will be responsible for leading the market growth and development of Cogeco Data Services, with operational responsibilities for business strategy, sales, marketing, network operations, product development and customer care in his new role as acting…
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MONTREAL – Dave Dobbin, president of Cogeco Data Services has resigned, the company announced today.
He has decided “to pursue new career goals” with a new telecommunications start up, effective November 28, 2008, says the Cogeco press release.
Dobbin was president and CEO of Toronto Hydro Telecom and stayed with its new owners, Cogeco, when the municipal telecom firm was purchased earlier this year for $200 million.
"Cogeco Data Services is a solid business and we will work with the team in place to continue to develop our service offering. We are in a position to continue to…
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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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