MONTREAL – Cogeco Inc. announced yesterday its fiscal results for its fourth quarter ended Aug. 31, which showed revenue increased 4.9% to $655.1 million compared to the same period last year.
On a constant currency basis, revenue increased 8.4%. This was attributed to growth in the company’s Canadian broadband services revenue, which increased 10.1% mainly due to the company’s acquisition of DeryTelecom last December.
Revenue growth was also attributed “to growth in the number of Internet service customers and a higher value product mix, combined with rate increases implemented by certain services, partly offset by a decline in video and telephony…
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QUEBEC CITY — The federal and Quebec governments today announced they are providing $6.3 million in funding to Cogeco as part of the Canada-Quebec Operation High Speed initiative to support the deployment of high-speed Internet services to 690 households in Les Basques Regional County Municipality by September 2022.
The total cost of the broadband project is $7.7 million, which includes Cogeco’s contribution. The municipalities covered by the project include Sainte-Françoise, Sainte-Rita, Saint-Guy, Saint-Jean-de-Dieu, Saint-Clément and Saint Médard.
“Cogeco is currently taking inventory to confirm the exact number of households that currently do not have access to high-speed Internet and will be…
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BURLINGTON, Ont. — Cogeco Connexion, the Canadian cable subsidiary of Cogeco Communications, announced today it has hired Chris Burke as the company’s new vice-president of digital and analytics.
His appointment was effective Nov. 1.
Most recently, Burke served as vice-president of digital technology at Manulife’s Global Wealth and Asset Management business, “where he was in charge of the evolution of the technology that powers Manulife’s Global Digital ambitions,” reads a Cogeco Connexion press release.
“I am thrilled to welcome Chris into the Cogeco family,” said Frédéric Perron, president of Cogeco Connexion, in the release. “His over 25 years of expertise in…
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Receives Prince of Wales’ Terra Carta Seal
MONTREAL — Cogeco announced today it has been awarded the inaugural Terra Carta Seal from His Royal Highness The Prince of Wales’ Sustainable Markets Initiative (SMI), in recognition of the telecom company’s sustainable business initiatives.
Cogeco is one of 44 companies worldwide to receive the 2021 Terra Carta Seal, “which recognises global companies that are driving innovation and demonstrating their commitment to, and momentum towards, the creation of genuinely sustainable markets,” reads a Cogeco press release.
The seal is awarded to companies whose ambitions are aligned with the Terra Carta (Earth Charter), “a recovery plan for Nature,…
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BURLINGTON, Ont. — In a new brand campaign that first launched in August, Cogeco has been putting the spotlight on its local employees and the communities where they live and work.
The company’s “Your Local Connection” campaign has included billboard and bus shelter ads, website and social media ads, as well as 30- and 90-second online videos and TV commercials.
Starting August 23, the billboard and bus shelter ads have appeared in various Ontario communities, including Belleville, Burlington, Chatham-Kent, Cornwall, Hamilton, Kingston, Leamington, Niagara, North Bay, Peterborough, Sarnia, St. Catharines and Windsor.
The video ads went live at the beginning of October…
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Rogers announced as premium sponsor
TORONTO – Organizers of the Canadian Telecom Summit announced this week Claire Gillies, president of Bell Mobility and Philippe Jetté, Cogeco’s president and CEO will both speak at the upcoming event.
Gillies will give the lunchtime keynote on Nov. 16 from 12:30-2:15 p.m. “She joined Bell as a co-op student in 2000 and has held progressively senior roles,” according to the CTS website. This includes vice-president of marketing campaigns and pricing for mobility and president of The Source.
Jetté will speak on Nov. 15 from 12-1:45 p.m. He has been president and CEO of Cogeco since…
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MONTREAL – Cogeco marked Science Based Targets initiative’s (SBTi) #ClimateActionDay today by announcing it is aiming to achieve net-zero emissions by 2050.
Cogeco, which announced earlier this year it was committing to new emissions reduction targets that were approved by SBTi, has been helping fight climate change in recent years through actions such as voluntarily disclosing its “climate impact and greenhouse gas (GHG) emissions through the global disclosure system run by the internationally recognized organization CDP,” a press release says.
The company has also implemented a corporate social responsibility program, “which encompasses a number of initiatives aimed at optimally…
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While “deeply interested” in launching wireless services, will only proceed under the right circumstances
By Amanda Oye
It is no secret Cogeco wants to offer its customers wireless services. The question yet to be answered is when?
Cogeco has been trying to get into wireless since 2018. The company has made advancements towards this goal, including its recent purchase of 38 licences for $295 million in the 3500 MHz spectrum auction that closed in July.
Another step forward came a couple of years prior, in 2019, when Cogeco proposed a Hybrid Mobile Network Operator (HMNO) model to the CRTC…
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MONTREAL — On Saturday, Cogeco held its first-ever 1Cogeco Community Involvement Day, which saw 740 company employees plant trees in 46 local communities across regions in Ontario and Quebec served by Cogeco and multiple U.S. states served by its Atlantic Broadband business unit.
With the theme “Planting Roots in Our Communities”, the first year of this Cogeco employee initiative resulted in the planting of 1,879 trees or seeds, which Cogeco says over the next decade will “absorb approximately 109 tons of greenhouse gas emissions,” according to a press release.
The tree planting supports several local non-profit organizations including Conservation Halton,…
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COGECO AND CBC both announced yesterday plans to broadcast special programming to honour the first National Day for Truth and Reconciliation on Sept. 30.
Cogeco announced “YourTV stations throughout Ontario will be airing special programming produced by Indigenous Peoples for the National Day for Truth and Reconciliation,” a company press release says.
The programming, which will air from 2 p.m. to 5 p.m. and again from 7 p.m. to 10 p.m., includes Cultural Mindfulness, directed by George Couchie, We Are Still Here, directed by Dwayne Cloes and Wawahte: Residential School Survivors, directed by John Sanfilippo.
“Wawahte was originally written by Kingston…
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