Search Results for: cogeco

Cable / Telecom News

Cogeco Connexion extends Internet security measures to mobile devices

MONTREAL – Cogeco Connexion has beefed up its Internet security offering with a new option that extends protection to customers' mobile devices, regardless of their mobility provider. High-speed Internet customers already benefit from the enhanced security offering at no additional cost, reads the company’s news release.  For $5.99 per month, they may also opt for the Cogeco Security Go package, with coverage that extends to an unlimited number of devices including all of their mobile devices. Powered by F-Secure, Cogeco Security and Cogeco Security Go provides protection against viruses, spyware, phishing emails and other online threats; offers parental control; online browsing… Continue Reading

Cable / Telecom News

Cogeco Peer 1 names new VP, GM for U.S., Latin America

TORONTO – Cogeco Peer 1 has named Cynthia Jordan-Ford to the role of vice-president and general manager, U.S. and Latin America. Jordan-Ford (pictured) brings over 25 years of experience in IT sales and service leadership to the role, having held positions with Xerox, Sprint, AT&T, Savvis (CenturyLink), and Virtustream.  Based in Atlanta, Georgia, she will be responsible for the tactical and strategic direction of the organization in the United States and Latin American regions, overseeing operations and driving revenue growth. "We have appointed Cynthia to this role to inspire new levels of innovation and performance and strengthen regional collaboration”, said president Philippe… Continue Reading

Cable / Telecom News

Canadian TV providers, set top box makers, agree to new energy efficiency standards

OTTAWA – Five of Canada’s biggest TV service providers and two set-top box manufacturers have signed a voluntary agreement to improve the energy efficiency of set-top boxes. According to a Canadian GreenTech report, the agreement was signed by Bell Canada, Cogeco Communications, Rogers Communications, Shaw Communications, Videotron, ARRIS and EchoStar Technologies. The Canadian Energy Efficiency Voluntary Agreement for Set-Top Boxes (CEEVA), along with complementary measures such as the Energy Star program, is expected to reduce the total annual energy consumption of Canadian set-top boxes from 3.4 terawatt hours (TWh) in 2016 to 2.7 TWh in 2021. The energy expected to be saved… Continue Reading

Cable / Telecom News, Radio / Television News

Data services a struggle, but Cogeco still sees opportunity in U.S. cablecos

MONTREAL – Cogeco Inc. is actively looking at more acquisitions in cable companies in the United States, but has ruled out acquisitions in the data services sector over the next year after a 2016 in which “our results have been disappointing” at subsidiary Peer 1, president Louis Audet said on Thursday at the company’s annual shareholders’ meeting in Montreal. The company’s year-end financial results were mostly positive, with earnings increasing and a higher dividend to shareholders, both from Cogeco Inc. and subsidiary Cogeco Communications Inc. But a $450-million writedown at Peer 1 technically put the company in the red… Continue Reading

Cable / Telecom News, Radio / Television News

Cogeco Q1 revenue flat but EBITDA, cash flow, rises

MONTREAL – Cogeco Inc.'s revenue remained essentially the same at $583.1 million in the first quarter of its fiscal year, ended November 30th 2016, compared to $582.9 million in Q1 2015, the company said in a release Wednesday evening. Adjusted EBITDA increased by 2.4%, to reach $261.3 million compared to the same period of fiscal 2016 as a result of the improvement in its Communications segment. Profit for the period amounted to $82 million, compared to $66.8 million for the first quarter of fiscal 2016. The increase is mainly due to the improvement of adjusted EBITDA combined with the decrease in depreciation… Continue Reading

Cable / Telecom News

Cogeco rolls out faster Internet in Quebec

MONTREAL – Cogeco Connexion launched its new UltraFibre 120 high-speed residential Internet package in several regions of Quebec Wednesday. The package, available now in the Alma area in the Lac-Saint-Jean region, the Plessisville area in the Centre-du-Québec region, the Valleyfield area in the Montérégie region, and in the Estrie region, promises download speeds of up to 120 Mbps and upload speeds of 10 Mbps (previously limited to 2 Mbps), in addition to monthly data transfer capabilities of 400 GB. Cogeco has priced UltraFibe 120 with a 400 GB bitcap at $64.95 per month for the first six months, and $94.95 per… Continue Reading

Cable / Telecom News

BASIC SERVICE OBJECTIVE: Commission launches new $750 million fund to get to 50 Mbps down, 10 Mbps up, everywhere

GATINEU – The CRTC today declared that broadband access is now considered a basic telecommunications service for all Canadians, that it is setting new speed targets while also creating a new fund that will invest up to $750 million over and above existing government programs. Further to its legislative mandate, the Commission has set the following targets for the basic telecommunications services that Canadians need to participate in the digital economy: speeds of 50 megabits per second (Mbps) download/10 Mbps upload for fixed broadband Internet access services. In 2015, 82% of Canadians already had access to speeds of 50 Mbps download/10… Continue Reading

Cable / Telecom News

UPDATED: Why Rogers dumped its own IPTV solution for X1 and will take $500 million hit

TORONTO – The rumour mill in the TV business was spinning overtime on this one lately, but today Rogers Communications made it official – it is killing its long-awaited IPTV solution in favour of Comcast’s X1 platform. The move means the company will take a pre-tax non-cash asset impairment charge in the range of C$475-$525 million in its fourth quarter. Friday morning’s press saw Rogers tout a new “long-term strategic partnership” with Comcast to bring Rogers customers Comcast's X1 IP-based video platform. However, it will not launch until 2018. As we have reported, Rogers was hoping to have its IPTV solution (built… Continue Reading

Cable / Telecom News, Radio / Television News

Bloomberg Canada: Still no Bell carriage, but a “very good” first year (update #3)

TORONTO — Bloomberg TV Canada’s first year of operation has been one of growth and expansion, with distribution and advertising levels increasing monthly, the first of several news bureaus across the country coming online, and an “A-list” of newsmakers having appeared on the channel. Despite not having carriage on Bell TV nor Bell Fibe, Bloomberg TV Canada executives say it has achieved distribution parity with its main business channel competitor, Bell-owned Business News Network (BNN). “We’re very happy, 12 months in, with the progress that we’ve made and the expansion that we’ve seen,” said Chris Fuoco, vice-president of sales and… Continue Reading

Cable / Telecom News

DATA CENTRES: Amazon Web Services comes north, wants to partner with telcos

TORONTO – Amazon Web Services (AWS) has been setting up data centres around the world offering a wide range of compute and analytics services in competition and partnership with local service providers and on Thursday it announced it has come to Canada, opening two data centres here – as promised earlier in the year . Now it’s looking to partner with telecommunications firms to resell its services. “If you look around the world there are many telco partners who work with us closely to take our services to market and offer complimentary services to the AWS platform,” AWS Canada director Eric… Continue Reading