Search Results for: cogeco

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

Cable / Telecom News

Bell, Cogeco, GBTEL, Quadro, and Vianet to split $7.7 million for 11 more broadband projects

OTTAWA – Through the federal government’s Universal Broadband Fund (UBF) Rapid Response Stream, the Government of Canada announced $7.7 million will go to five telecom operators to bring high-speed Internet to over 2,800 more homes in southwestern Ontario Bell Canada, Cogeco Connexion, GBTEL Inc., Quadro Communications and Vianet will build out 11 projects to connect over 2,800 underserved households to high-speed Internet in the communities of Allenford, Camlachie, Campbells Cross, Cedarhurst Park, Colchester, Connor, Deerbrook, Everett, Lucan, Marthaville, Oxley, Rosemont, Sauble Beach, St. Joachim, Tara, Thamesford and Wyoming. The rapid response stream funding means the projects must be completed before the… Continue Reading

Cable / Telecom News

Operation High Speed: $62.8 million for Cogeco to bring broadband to 15,000 homes

QUEBEC CITY — As a result of a $62.8-million joint investment made as part of the Canada-Quebec Operation High Speed program, 15,350 households in the Laurentides region will have access to Cogeco high-speed Internet services by September 2022. According to the announcement made today, Cogeco will receive $48.9 million in funding through the program to deploy high-speed Internet services to the targeted municipalities in La Rivière-du-Nord regional county municipality (RCM), Les Laurentides RCM, and Les Pays-d’en-Haut RCM (the full list of municipalities is below). That suggests Cogeco is contributing the other $13.9 million to the projects. Cogeco will take an inventory… Continue Reading

Cable / Telecom News

Operation High-Speed: $50 million for new projects by Cogeco and Sogetel

QUEBEC – A total investment of $50.1 million from the Canada–Quebec Operation High Speed fund will see 6,930 households in the Centre-du-Québec region gain access to high-speed Internet services by September 2022. Regional operator Sogetel will receive $24.2 million to provide coverage to 4,330 households and contribute $8.8 million of its own cash. Cogeco will receive $14.4 million to connect 2,600 households, for a project with a total value of $17.1 million.” The investments announced will accelerate the deployment of reliable, high-performance infrastructure in the targeted cities, municipalities and parishes listed in the annex. Over the next few months, Sogetel… Continue Reading

Cable / Telecom News

Cogeco recognizes indispensable LTC home staffers with free lunches purchased at local eateries

BURLINGTON, Ont. — In recognition of the important work being done by staff at long-term care (LTC) homes during the ongoing pandemic, Cogeco has launched a new initiative to deliver free lunches to employees at more than 40 LTC homes across Ontario, the company announced today. Cogeco is purchasing the meals from local restaurants to help support small business owners at the same time. Nurses, personal support workers, housekeeping and administration staff at the homes are receiving individually packaged lunches delivered to their facilities by Cogeco employees who adhere to all Covid-19 protocols such as social distancing and wearing masks, says… Continue Reading

Cable / Telecom News

Cogeco says Commission decision will let it get into wireless

MONTREAL – Cogeco Communications will get into the wireless game. This afternoon the company officially responded to yesterday’s announcement of new CRTC wireless policies by saying it welcomes the Commission decision to allow regional players to invest in telecommunications infrastructure and spectrum to access the wireless networks of Canada’s dominant providers as something of a hybrid mobile virtual network operator. “From the beginning of this comprehensive regulatory process we have been consistent in our view: all Canadians deserve the benefits of competition for their wireless services, including those living outside densely populated urban centres,” said Philippe Jetté, president and CEO. “Cogeco… Continue Reading

Cable / Telecom News, Radio / Television News

Cogeco’s Q2 2021 revenues up, profit down slightly

MONTREAL — Cogeco Inc. last night released its financial results for the second quarter of 2021, reporting its overall revenue increased by 6.9% to reach $653.2 million for the three months ended February 28, 2021, compared to the same quarter of 2020. Looking at which aspects of the company’s business enjoyed revenue increases in Q2 2021, Cogeco’s Canadian broadband services revenue increased by 10.1% “as a result of the DERYtelecom acquisition completed on December 14, 2020, the cumulative effect of sustained demand for residential high speed Internet since the beginning of the pandemic, and rate increases implemented for certain… Continue Reading

Cable / Telecom News

Mandated MVNO? Much-anticipated new wireless policies coming Thursday afternoon; Cogeco CEO hoping for HMNO (updated)

GATINEAU — Cartt.ca readers will be glad to know the CRTC’s new wireless policies will finally be released this week, with mandated mobile virtual network operators (will they or won’t they?) undoubtedly the biggest item of interest among telecom providers, big and small. A Commission spokesperson confirmed the policy decision will be issued at 4 p.m. ET on Thursday, April 15 (i.e., after the stock market closes). It’s been a long wait, seeing as the Commission first announced the wireless policy review proceeding back in February 2019, held a public hearing in February 2020 and final submissions were in July… Continue Reading

Cable / Telecom News

Operation High Speed: More than $50M in funding goes to Cogeco and Bell for Quebec broadband projects

QUEBEC CITY — In two separate announcements today, Cogeco Connexion and Bell Canada have been awarded more than $50 million in combined funding as part of Canada-Quebec Operation High Speed, to bring high-speed Internet services to underserved households in the Memphrémagog regional county municipality (RCM) and Bas-Saint-Laurent region, respectively. Cogeco is receiving $22.7 million in joint funding to provide high-speed Internet access to close to 3,000 households in the Memphrémagog region by September 2022. Cogeco’s investment in the project was not announced. Municipalities who will benefit from the Cogeco broadband project include: Austin, Ayer’s Cliff, Bolton-Est, Eastman, Hatley, Canton de… Continue Reading

Cable / Telecom News

Operation High Speed: $19.8 million to help Cogeco deliver broadband to Mauricie by September 2022

QUEBEC CITY – A $19.8-million joint investment from the federal and provincial government as part of Canada-Quebec Operation High Speed will help deliver broadband to more than 1,600 households in the Mauricie region. The residents there will have access to Cogeco high-speed Internet services by September 2022. The investments announced will accelerate the deployment of reliable, high-performing infrastructure in the following municipalities: Des Chenaux RCM: Batiscan, Champlain, Notre-Dame-du-Mont-Carmel, Sainte-Geneviève-de-Batiscan, Saint-Luc-de-Vincennes, Saint-Maurice, Saint-Narcisse, Saint-Prosper-de-Champlain, Saint-Stanislas. Maskinongé RCM: Saint-Boniface, Yamachiche Mékinac RCM: Grandes-Piles, Hérouxville, Lac-aux-Sables, Lac-Normand, Saint-Adelphe, Sainte-Thècle, Saint-Roch-de-Mékinac, Saint-Tite, Saint-Séverin, Trois-Rives Shawinigan Territory: Shawinigan “Over the next few months, Cogeco will take an… Continue Reading