LEAMINGTON – Cogeco Cable launched phone service in Leamington and Kingsville, Ontario this week.
"Since its initial launch, the Digital Phone service has had a snowball effect on the number of subscriptions to other Cogeco Cable services and its deployment has been enthusiastically welcomed in the markets where it was introduced," says the press release.
Residents can now take advantage of Cogeco Cable’s telephony offer starting at $44.99 per month if they subscribe to Cogeco Cable’s High Speed Internet and cable television service.
www.cogeco.com
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MONTREAL – Cogeco Cable Inc. announced today it will be issuing 4.5 million subordinate voting shares, raising $173.2 million on a bought deal basis at a price of $38.50 per share.
The company, with cable, Internet, and telephone services in Quebec, Ontario, and Portugal, says net proceeds from the offering will be used to repay debt and for general corporate purposes.
Under the offering, the shares will be offered for sale to the public in each of the provinces and territories of Canada. The underwriting syndicate includes Scotia Capital Inc. acting as bookrunner and is being co-led by GMP…
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BROCKVILLE – Cogeco Cable has announced the launch of its digital phone service in Brockville, Ont.
With this latest service extension, Cogeco hopes to boost subscriptions to other company services. To this end, Cogeco is offering promotional package deals covering digital phone service, cable TV, and high-speed internet.
As of Nov. 30th, according to company statements, digital telephone service was available to 72% of homes in Cogeco Cable territory in Quebec and Ontario.
www.cogeco.ca.
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MONTREAL – Cogeco Inc. posted substantial growth in the first quarter of fiscal 2007, driven largely by its cable operations in Ontario, Quebec and Portugal.
In the first quarter of fiscal year 2007 revenue increased by 45.9% and operating income before amortization increased by 45.8% compared to the same period last year.
Cogeco Cable achieved one of the best revenue generating units growth of its Canadian operations history and includes results fro, Cabovisao – Televisao por Cabo, Portugal.
The media sector (Cogeco is the majority owner of TQS and also owns several radio stations) contributed to these results with…
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MONTREAL – Cogeco Radio-television said Tuesday it will not exercise its right to purchase the 40% interest in Quebec broadcaster TQS that it doesn’t already own and that the parties have agreed to extend its partnership agreement until at least January 1, 2009.
The change of control of Bell Globemedia on August 31, 2006 triggered the right for Cogeco to acquire all of CTV’s shares in TQS. Cogeco owns 60% of the network.
"We mutually agreed to postpone the put call option window that would have opened February 15, 2007… to January 1st 2009," said Cogeco CEO Louis Audet.
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MONTREAL – Cogeco Cable has told its customers that HDNet is coming December 13th, and that as of December 1st, it is changing how it prices high definition channels.
The company will no longer offer the HD Theme Pack as a stand-alone package for $6.99 a month or as a theme pack option for its Digital Select customers and will instead charge a new HD system access fee of $5.99 per month.
Customers who pay the monthly HD access fee will be able to see all of the HD versions of every standard definition channel available to them. And…
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MONTREAL – Cogeco Cable announced Tuesday the launch of Anime Network On Demand, a new subscription video on-demand service offering a line-up of new creations and classics.
Launched in North America in late 2002, Anime reaches more than 40 million households with what it describes as “an entire animé library at your fingertips, from brand new shows to old school classics, giant robots to magical girls and even dubbed and subtitled programming”.
Included in the line-up is the original series Gatchaman, the show that started some of the favourites, such as Battle of the Planets and G-Force, says a…
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MONTREAL – Today, Cogeco Cable’s Quebec HD customers have access to 11 high definition television channels, eight of which are in French, as the company added to its HD lineup.
“The growing popularity of large TV screens confirms it: our customers are constantly looking for exceptional image and sound quality when they watch television,” said Ron Perrotta, vice-president, marketing, Cogeco Cable. “We are putting all our efforts towards providing the best HD offering possible. Only two months after launching five new HD channels in Ontario, we are proud to provide our customers with the most complete French HD offering available…
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MONTREAL – Cogeco Cable launched its voice over IP local phone service today in St. Catharines and Thorold, Ontario.
It was also launched last week in Niagara-on-the-Lake and Virgil. "Since its initial launch, the service has had a snowball effect on the number of subscriptions to other Cogeco Cable services and its deployment has been enthusiastically welcomed in the markets where it was introduced," said the press release – as the company also noted in its year-end results, reported here last week.
www.cogeco.com
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MONTREAL – Driven primarily by a growing cable division, Cogeco Inc. saw revenue increase by 21.4% to $199.3 million in the fourth quarter of 2006, ended August 31st.
Net income in the quarter came in at $10.3 million in the quarter, as compared to $630,000 in the same quarter of 2005. For the full fiscal year, net income was $23.1 million, while 2005 saw a net loss of $19.8 million
With the acquisition of Portugal’s Cabovisao as a contributing factor, the number of Cogeco revenue-generating units jumped from about 1,348,000 at the beginning of the fiscal year to approximately…
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