Substantial cable growth drives Cogeco

MONTREAL – Cogeco Inc. posted substantial growth in the first quarter of fiscal 2007, driven largely by its cable operations in Ontario, Quebec and Portugal. In the first quarter of fiscal year 2007 revenue increased by 45.9% and operating income before amortization increased by 45.8% compared to the same period last year. Cogeco Cable achieved one of the best revenue generating units growth of its Canadian operations history and includes results fro, Cabovisao - Televisao por Cabo, Portugal. The media sector (Cogeco is the majority owner of TQS and also owns several radio stations) contributed to these results with better...