Search Results for: cogeco

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

Cable / Telecom News, OTT

Cogeco adds hayu to Epico IPTV service

MONTREAL — Cogeco Connexion announced today NBCUniversal’s all-reality SVOD streaming service hayu is now available to subscribers of Cogeco’s new IPTV service Epico (which launched in January). After setting up an account on hayu.com/cogeco, Epico customers will have access to more than 300 shows and 8,000 ad-free episodes through their hayu subscription, such as Keeping Up with the Kardashians and series exclusively available in Canada such as Love Island UK and Love Island Australia, and Watch What Happens Live with Andy Cohen. Epico customers who sign up for hayu can currently take advantage of a free one-month trial offer… Continue Reading

Cable / Telecom News

Cogeco CEO decries market power of Big Three in wake of Rogers/Shaw

By Ken Kelley MONTREAL – Not that we expected otherwise, but there was no dodging the Rogers-Shaw elephant in the room when Cogeco president and CEO Philippe Jetté spoke during the Desjardins’ Group annual Industrials, TMT & Consumer virtual conference Tuesday. In fact the session’s moderator, analyst Jerome Debreuil, ripped off the band-aid straight away, asking Jetté if he expected Cogeco would be interested in bidding on any wireless assets Rogers may be forced to divest as part of the tie-up. “There’s a great deal of uncertainty as far as we’re concerned, as to whether the deal will be approved and… Continue Reading

Cable / Telecom News

Cogeco brings high-speed Internet access to Laurentides region

ESTÉREL and LAC-DES-SEIZE-ÎLES, Que. — The federal ministry of Innovation, Science and Industry announced today 774 households and 12 businesses in the Laurentides Region of Quebec now have access to high-speed Internet, made possible by a combined investment of more than $1.5 million from the government of Canada, the government of Quebec and Cogeco. Government funding for the project was provided through the Connect to Innovate and Quebec branché programs, with the federal and provincial governments each investing $57,160 in this backbone network. Project partner Cogeco Connexion, which also invested in building a last-mile network, contributed more than $1.4 million. With… Continue Reading

Cable / Telecom News, Radio / Television News

WildBrain wants CRTC to step into its dispute with Cogeco

TORONTO and GATINEAU — Kids channel broadcaster WildBrain Television (formerly known as DHX Television) is asking the CRTC to step into its ongoing dispute with Cogeco Connexion over the distribution of its Family Channel, Family Jr and CHRGD channels. According to a Part 1 application filed January 19 by WildBrain, and posted to the CRTC website on January 28, WildBrain and Cogeco have been engaged in “protracted negotiations” regarding the carriage of the three kids-oriented channels by Cogeco. (WildBrain’s French-language Télémagino channel is not part of the dispute.) WildBrain says it presented a proposal to Cogeco on April 27, 2020,… Continue Reading

Cable / Telecom News, Radio / Television News

Cogeco commits to reduce emissions by 65%

MONTREAL – Cogeco Inc. announced this week that its new emissions reduction targets have been approved by the Science Based Targets initiative (SBTi). The new targets are “consistent with levels required to meet the most ambitious goal of the Paris Agreement,” reads the release. SBTi is a collaboration between CDP, the United Nations Global Compact, World Resources Institute and the World Wide Fund for Nature that defines and promotes best practice in science-based target setting and independently assesses companies’ targets, explains Cogeco’s announcement. “This makes Cogeco the first and only telecommunications company in Canada with SBTi-approved targets.” Cogeco has committed to the… Continue Reading