Search Results for: cogeco

Cable / Telecom News

Cogeco hires Nancy Audette away from Fido

MONTREAL — Cogeco Connexion, the Canadian cable subsidiary of Cogeco Communications, announced today it has appointed Nancy Audette as vice-president and general manager for the Quebec region, effective today. Most recently, Audette (above) was vice-president and general manager of Fido Mobile, a position she held since 2016. With more than 25 years of experience in Quebec and internationally, Audette has served in several senior management and executive roles in sales, marketing and operations in companies such as Transcontinental (TC) Media, Rogers Communications and Microcell. Her international telecom experience includes working with Telesystem International Wireless (TIW), in Brazil, Czech Republic and Morocco. “I am… Continue Reading

Cable / Telecom News

Cogeco continues investments in Ontario; praises province’s new rural broadband fund

BURLINGTON, Ont. — Cogeco Connexion, the cable subsidiary of Cogeco Communications, said today it is continuing to invest in broadband in Ontario, having already announced $13.5 million in network expansion investments since the beginning of 2021. These investments will bring broadband network services to more than 8,100 Ontario homes and businesses in underserved areas of the province, says the company’s press release. “Additional projects will soon be announced as part of Cogeco’s ongoing four-year commitment to invest over $1 billion in the operation and expansion of its advanced Canadian broadband network to reduce the digital divide,” reads the release. Referring to the Ontario government’s… Continue Reading

Cable / Telecom News

Cogeco rides with Hamilton Bike Share towards lower emissions

HAMILTON – Cogeco announced today it is teaming up with Hamilton Bike Share for a three-year sponsorship deal. “Their sponsorship helps ensure the bike share system thrives so residents and visitors to our city can continue enjoying a sustainable, healthy, and fun way to get around Hamilton,” said Chelsea Cox, executive director of Hamilton Bike Share, in a press release. Hamilton Bike Share has 39,000 users who have access to 800 smart bikes 24/7, all year long. Its Everyone Rides Initiative helps to remove the cost barrier that may prevent access to the service. The partnership is consistent with Cogeco’s emissions reduction… Continue Reading

Cable / Telecom News

Cogeco’s Q3 revenue up by 3.7%

MONTREAL – Cogeco Inc. announced yesterday a revenue increase of 3.7% to $649.3 million, for its third quarter, which ended on May 31st 2021, compared to the same period last year. This was partially attributed to an increase in its Canadian broadband services revenue by 10.2% due to its December 2020 acquisition of DeryTelecom, as well as “the cumulative effect of sustained demand for residential high-speed Internet since the beginning of the pandemic and rate increases implemented for certain services,” according to a press release. Cogeco also reported its adjusted EBITDA increased by 1.3% in Q3, reaching $302.3 million, according… Continue Reading

Cable / Telecom News

Operation High Speed: More broadband funding goes to Videotron and Cogeco projects in Quebec

QUEBEC CITY — The federal and Quebec governments have jointly awarded more funding through the Canada-Quebec Operation High Speed program to Videotron and Cogeco to bring high-speed Internet access to several rural communities throughout Quebec. Announced last week, Videotron is receiving a combined amount of $34 million from the two levels of government to support its deployment of high-speed Internet services to 5,300 households in the Bas-Saint-Laurent region by September 2022. With an expected total cost of $39.64 million, the Videotron project will target 44 communities in the Les Basques regional county municipality (RCM), Kamouraska RCM, Rivière-du-Loup RCM and Témiscouata RCM…. Continue Reading

Cable / Telecom News

Cogeco makes a US$1 billion buy

MONTREAL and QUINCY, Mass. – Cogeco Communications’ announced today its American subsidiary, Atlantic Broadband, has agreed to acquire WideOpenWest’s broadband systems located in Ohio for US$1.125 billion. The WOW Ohio broadband systems pass approximately 688,000 homes and businesses in Cleveland and Columbus and serve approximately 196,000 Internet, 61,000 video and 35,000 telephony customers, as of March 31, 2021, reads the press release. For the twelve months ended March 31, 2021, the company’s revenue was US$244 million “The acquisition of WOW’s Ohio broadband systems allows us to add significant scale to our growing and profitable U.S. broadband business,” said Philippe Jetté, president… Continue Reading

Cable / Telecom News

$30.6M for Cogeco to bring broadband to Montérégie region

QUEBEC CITY — Through the Canada-Quebec Operation High Speed initiative, $30.6 million in joint government funding is being provided to Cogeco for the deployment of high-speed Internet services in the rural Montérégie region of Quebec, the department of Innovation, Science and Economic Development Canada announced today. The project, with a total value of $34.7 million (including Cogeco’s contribution), will see 5,380 homes throughout the region provided with access to Cogeco’s high-speed broadband services by September 2022. For more information, including the list of more than 40 municipalities to be covered by this broadband project, please click here. Over the next few… Continue Reading

Radio / Television News

AXS TV launches on Cogeco in Ontario and Quebec

TORONTO — Anthem Sports and Entertainment’s AXS TV announced today the popular music-themed channel is now available on Cogeco in Ontario and Quebec, as of today. The channel is being offered as part of Cogeco’s MyMix/Selectif packages and as a standalone option. AXS TV can be added to MyMix selections and pre-assembled channel packages for $3 a month, according to AXS TV’s press release. However, beginning today, Cogeco customers can watch the channel for two months as a free preview. Cogeco subscribers can find AXS TV on Epico (channel 444 in both provinces), 878 (Ontario) and 709 (Quebec). Some of the… Continue Reading

Cable / Telecom News, Radio / Television News

Cogeco Media hires Caroline Paquet away from Videotron

MONTREAL — Cogeco Inc. announced today it has hired Caroline Paquet (above) as the new president of its radio subsidiary, Cogeco Media. Her appointment takes effect July 5. Paquet joins Cogeco Media from Quebecor’s Videotron division, where she held the position of vice-president of marketing and content since 2017. She first joined Quebecor in 2005. Her work at Videotron included the development of the Club Illico business plan and its launch in 2013. “We are delighted to welcome Caroline to the Cogeco family. Her extensive media and marketing expertise will help strengthen Cogeco Media’s already enviable position on Québec’s radio landscape,”… Continue Reading

Cable / Telecom News

$6 million in UBF money goes to Bell, Cogeco Connexion, Lakeland Networks

OTTAWA — The federal government announced today more than $6 million in funding is being provided through the Universal Broadband Fund’s (UBF) Rapid Response Stream to Bell, Cogeco Connexion and Lakeland Networks to bring high-speed Internet to 2,374 underserved homes in central and eastern Ontario. In total, 15 communities in the regions of Clarington, Lake of Bays Township, Leeds and Grenville, Merrickville-Wolford, Northumberland County, Spencerville, Newtonville, Newcastle, West Guilford, Baysville, the Municipality of Dysart et al, and Wasauksing First Nation will benefit from the investments. UBF funding will be distributed as follows: Bell: $2,637,164 Cogeco Connexion: $2,855,180 Lakeland Networks: $701,055 Receiving funding… Continue Reading