Cogeco tops 300,000 landline telephone customers
Financial results released by Cogeco today reveal the company had 302,249 Digital telephone subscribers at the end of November 2009.
Videotron tops one million cable phone customers
On November 25th, Videotron became the first cable company in Canada to reach one million cable telephone customers.
The company reached the milestone just under five years after it entered the landline telephone market.
Rogers eliminates 900 employees
Despite profits of over $3.3 billion in the first nine months of 2009, Rogers Communications yesterday fired nine hundred of employees across Canada, mostly in executive and management positions.
The company says the firings were an effort to streamline operations to contend stay competitive with rivals.
Cogeco Cable expands its home phone offerings
Cogeco Cable announced today the company had expanded its digital phone (VoIP) offerings.
The company, which now has over 280,000 phone customers, is now offering three packages to its cable customers: Basic Line, Select and Freedom Package.
Now over 3 million cable phone subscribers in Canada
It has now been over four years since cable telephony first launched in this country and the number of Canadians receiving cable telephone service from Canada’s big four cable companies – Rogers, Shaw, Vidéotron and Cogeco – is quickly closing in on three million subscribers.
Using numbers published in the respective company’s most recent financial results, Digital Home has calculated that the big four cable providers now have 2,999,425 cable telephone customers up 23.5% from the same time in 2008.
Cogeco revenues and income continue to climb
Cogeco, the nation’s fourth largest cable provider, today announced its financial results for the fourth quarter and 2009 fiscal year which ended August 31, 2009.
Despite the severe recession Canadians find themselves in, Cogeco said overall revenue for the fourth quarter increased by 8% from the same period a year earlier to $316.3 million while operating income grew a whopping 23.9% to $151.2 million.
Rogers begins rolling out TV Call Display in Ontario
Rogers today formally announced the roll-out of TV Call Display, a new service that allows incoming calls to be immediately displayed and managed on a customer’s TV screen.
The service will be offered at no additional charge to Rogers customers in Ontario who subscribe to the cable giants digital cable service and digital phone service. The service is not being made available to Rogers customers in Atlantic Canada.
