MONTREAL – Treehouse On Demand and Kidz On Demand have been added to the VOD lineup for Cogeco Digital Cable customers.
"We are thrilled to introduce two new services that will be enjoyed by such a large number of households in our territories just in time for the spring break," says Ron Perrotta, vice-president of marketing. "Parents and kids are now in control of their favorite animated series. They can play, pause, stop, fast forward or replay programs as often as desired."
Treehouse On Demand, from Corus Entertainment, a channel for preschoolers, showcases a regularly-updated library of popular, parent-approved…
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MONTREAL – Cogeco Cable has doubled the speed of its high speed Internet “lite” service.
During February, HSI Lite download speed will be increased from 300 Kpbs up to a maximum of 640 Kbps in all regions served by Cogeco Cable where high-speed Internet is available. This new speed is 25% faster than that of the same category offered by the leading provider of DSL high-speed Internet, Bell Sympatico.
The monthly fee won’t change for subscribers. Cogeco Cable’s HSI Lite service is currently on promotion and available for $19.95 a month for a year, if combined with a digital television…
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MONTREAL – Cogeco Cable continued its market-by-market rollout of voice service today, launching its Digital Phone in Chatham, Ont. (about an hour east of Windsor).
Currently, 32% of homes passed in Cogeco’s territories (which includes Hamilton/Niagara/ Burlington/Oakville, Windsor, Kingston, Trois Rivieres and other areas) have access to Digital Phone service. Service will continue to be rolled out to most cities in Cogeco Cable’s territories by the end of 2006.
Chatham residents, along with those of areas already served in Ontario, can now take advantage of this offer starting at $54.99 per month. Subscribers to Cogeco Cable’s HSI or cable…
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MONTREAL – First quarter net income at Cogeco Inc, jumped 47.4% to $4.6 million compared to the same period last year.
This increase in the first three months of fiscal 2006, ended November 30th, 2005, is mainly attributable to the cable sector, which benefits from increased digital video services, high-speed Internet (HSI) and digital telephony penetration as well as rate increases. Higher radio advertising revenue also helped.
Net additions of Cogeco Cable basic customers were approximately 10,900 compared to about 7,700 for the same period last year. “The sustained appetite for digital video and HSI services continues to prevail…
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MONTREAL – Quebec MSOs are hungry for French-language digital channels, so Astral Media’s newest pay channel, dedicated to classic films, cinépop, has been added to the cable lineup in Cogeco’s Quebec territories.
“Adding cinépop to our line-up really increases the added value of Cogeco Cable’s digital cable service. Besides offering superior sound and picture quality and being adaptable to the customer’s taste, digital cable television now offers enriched French-language content,” said Ron Perrotta, Cogeco’s vice-president, marketing.
The cinépop channel is offered free starting today, for a three-month period, at position 305. At the end of that period, on March…
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TORONTO – Growth in cable, Internet, and telephony subscribers has led Cogeco Cable to predict a 36% increase in net income in 2006, the company announced at its annual shareholders’ meeting.
And the company is exploring adding wireless, like competitor Vidéotron will do in Quebec when it launches mobile phone services through Rogers, CEO Louis Audet told reporters.
Net income in 2005 nearly tripled, to $28.7 million, compared with a net loss of $32 million in 2004. Cogeco predicts net income will rise to $39 million in fiscal 2006.
In 2005, the company lost 2,400 basic cable subscribers, but…
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MONTREAL – Cogeco Cable’s Gary Pelletier has been promoted to director, product marketing.
In his new position, Pelletier will be responsible for the overall acquisition and retention strategy, product, pricing and promotion for the cable television and high speed Internet businesses. His duties also include overseeing the development and management of the on demand platform and commercial services product marketing support.
www.cogeco.ca
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MONTREAL – Cogeco Cable launched its Digital Phone service to most of its Hamilton region today.
“Like the residents of Burlington, Oakville, Windsor and Kingston, Ontario, and of Trois-Rivières, Drummondville and Saint-Hyacinthe, Québec, the majority of Hamilton residents will be able to enjoy this appealing offer, starting today, whether or not they already subscribe to a Cogeco Cable service. Service will be extended gradually to the rest of Hamilton city homes and will continue to be rolled out to most cities in Cogeco Cable’s territories by the end of 2006,” says the press release today.
Cogeco is the third…
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MONTREAL – While Cogeco Inc.’s radio division (RYTHME FM) continues to grow, the company’s TV broadcast outlet, TQS, struggled through 2005.
However, with new shows, the company is hoping to turn TQS around and has invested in some populist (some might say low-brow) reality shows. All part of the plan, however. “In television, TQS’s commitment to its ‘black sheep’ positioning is stronger than ever. The channel’s bold programming is blazing new trails for conventional television in an environment that is fiercely competitive and constantly changing,” reads the company’s third quarter results press release.
Loft Story II (a French Big…
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MONTREAL – Beating its guidance and re-setting projections going forward, fiscal 2005 finished pretty well for Cogeco Cable.
While its media side didn’t perform as strongly, all of the company’s cable financial and subscriber goals were met or exceeded for the year ended August 31st. Operating income before amortization rose 11.9% while net income finished 30% higher than forecast at $28.7 million. Free cash flow was $45.3 million, within the projected range, even with a pretty big ramp-up in telephony spending. CFO Pierre Gagne said in a conference call with financial analysts that without the voice over Internet…
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