Company Profile For Cogeco Inc

Cogeco Inc (CGO.TO) (Toronto Stock Exchange)
sector: Cyclical Consumer Goods & Services · industry: Broadcasting ·
As of  6:25pm GMT
26.75CAD
Price Change
+0.05
Percent Change
+0.19%
 
 
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Overview

COGECO Inc. is a diversified communications company that provides cable television, high-speed Internet (HSI), telephony services and other telecommunications services to residential and commercial customers in Canada and in Portugal through Cogeco Cable Inc. (Cogeco Cable) and is engaged in radio broadcasting in Canada through Cogeco Diffusion Inc. (CDI). Through CDI, the Company owns and operates the RYTHME FM network. The Company operates in two segments: cable and other. The cable segment comprises cable television, HSI, telephony and other telecommunications services, and the other segment comprises radio and head office activities. On June 30, 2008, Cogeco Cable acquired FibreWired Burlington Hydro Communications, Burlington Hydro Electric's (City of Burlington’s energy company) telecommunications division. On July 31, 2008, Cogeco Cable acquired Toronto Hydro Telecom Inc, the telecommunications subsidiary of Toronto Hydro Corporation Inc. (City of Toronto’s energy company).

Quick Financial Synopsis

BRIEF: For the fiscal year ended 31 August 2009, Cogeco Inc.'s revenues increased 13% to C$1.25B. Net loss from continuing operations totaled C$78.5M vs. an income of C$43.2M. Revenues reflect increased sale from the cable segment by growth of RGU combined with rate increased and the recent acquisitions. Net loss reflects higher amortization, increased financial expense and the presence of impairment of goodwill & intangible.

Company Address

Cogeco Inc
5 Place Ville Marie
Bureau 915
Montreal   QC   H3B 2G2
P: +1514.8742600
F: +1514.8742625

Total Employees

2339

Find Out More About CGO.TO

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