U.S. division leads Cogeco to Q3 growth

Canadian broadband revenue slipsMONTREAL –Cogeco Communications reported Wednesday evening third quarter revenue increased by 3.6% to reach $587.3 million, mainly driven by the 10% growth in its American broadband services segment.On a constant currency basis, revenue increased by 1.7% in the period ended May 31, 2019.American broadband services revenue increased by 5.4%, resulting from rate increases implemented in August 2018, the continued growth in Internet and telephony services customers as well as the acquisition in late 2018 of the south Florida fibre network previously owned by FiberLight. The increase was partly offset by a decrease in video service customers;Canadian broadband...