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Cogeco

 
Hoover's Profile: COGECO Inc.
(Toronto:CGO.SV)
Contact Information
COGECO Inc.
5 Place Ville Marie, Ste. 1700
Montreal, Quebec H3B 0B3, Canada
Tel. 514-764-4700
Fax 514-874-2625

Type: Public
On the web: http://www.cogeco.com
Employees: 2,415
Employee growth: 0.0%

For COGECO, the ABCs of business are advertising, broadcasting, and cable. The fourth-largest cable company in Canada operates in two sectors: cable and media. Through Cogeco Cable, COGECO provides cable TV services to subscribers in Ontario, Quebec, and Portugal (it serves Portuguese customers through subsidiary Cabovisão). COGECO offers digital cable, Internet access service, and VoIP services in some areas. Subsidiary Cogeco Radio-Television (CRTI) operates five radio stations in the province of Quebec, including four RYTHME FM stations. COGECO's television operations (French Canadian TV network TQS) went into bankruptcy protection in 2007 and were sold in 2008.

Key numbers for fiscal year ending August, 2008:
Sales: $1,041.7M
One year growth: 3.2%
Net income: $23.6M
Income growth: (66.5%)

Officers:
Chairman: Jan Peeters
President, CEO, and Director; CEO, Cogeco Cable: Louis Audet
VP Finance and CFO, COGECO and Cogeco Cable: Pierre Gagné

Competitors:
Quebecor
Rogers Communications
Shaw Communications

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Wikipedia: Cogeco
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Cogeco Inc.
Type Public
TSXCGO, TSXCCA
Founded Trois-Rivières, Quebec (1957)[1]
Headquarters Montreal, Quebec
Key people Louis Audet (CEO), Jan Peeters (Chairman of the Board), Pierre Gagné (CFO)
Industry Media and Communications
Products Cable TV, Internet, Telecommunications, Broadcasting
Revenue $746.9 million CAD (2006)[1]
Operating income $253.1 million CAD (2006) [1]
Net income $23.1 million CAD (2006)[1]
Employees 2,415 (2008)[2]
Parent None
Subsidiaries Cogeco Cable (Ontario & Quebec), Cogeco Radio-Television, Cabovisão (Portugal)
Website www.cogeco.ca

Contents

Cogeco Inc. (TSXCGO) is Canadian media and communications company.

The corporation first entered the television business in the mid-1950s with the launch of a Radio-Canada affiliate in Trois-Rivières, CKTM-TV. Later the company expanded with the creation of CKSH-TV in Sherbrooke, a radio network and diversification in the cable television industry. Until 2008, Cogeco co-owned the TQS network (now "V") with CTVglobemedia, as well as eight television stations affiliated with both TQS and Radio-Canada. TQS and its five owned-and-operated stations were sold to Remstar Corporation, and the Radio-Canada affiliates were sold directly to Radio-Canada, in 2008. Cogeco is the largest cable company in Canada not owning any terrestrial TV outlets (Rogers Communications owns Citytv and Omni, and also Quebecor-owned Vidéotron also owns the TVA network with several O&O stations and an independent station in Toronto).

Through its broadcast holdings, Cogeco Cable (TSXCCA) is a major cable television distributor offering analogue and digital television, as well as high-speed Internet services and VoIP telephony. It is the second largest cable system operator in both Ontario and Quebec, (respectively behind Rogers & Vidéotron), and the fourth largest in Canada.

Cogeco Cable Services logo.
Cabovisão Portugal Cable, Cogeco's subsidiary.

Starting in 2006, Cogeco Cable began the process of overhauling their Ontario & Quebec-based Hybrid fibre-coaxial physical plant networks to expand the total amount of bandwidth available. The ability to offer expanded 2-way bi-directional services such as High Definition digital cable, High-Speed Internet and VoIP Digital Telephony and to improve network reliability is the driving force behind this upgrade.

After upgrades are complete, the Ontario network will have 750 MHz of bandwidth and the Quebec network will have 550 MHz of bandwidth. With this capacity, a total of 110 or 83 analogue channels (depending on the network) can be transmitted. Given that each analogue channel occupies 6 MHz of bandwidth, Cogeco utilizes the latest compression, multiplexing and modulation technologies to be able to transmit up to 13 Standard Definition TV signals or else up to 3 High Definition TV signals on each of these channels.[3]

Digital Services

Digital Cable Television

Within their Canadian cable operations in Ontario & Quebec, 98% of all homes passed by Cogeco Cable-owned plant are able to access digital cable services, with 90% of homes passed also able to access digital video on demand services. Currently, 93% of homes passed also have access to Cogeco Cable's 2-way bi-directional cable plant, giving customers the ability to enjoy high definition TV programming and high-speed Internet services.[3]

Cogeco Cable utilizes Motorola-based digital set-top boxes (STB's) for delivery of their digital cable services:

Standard Definition STB's:

  • DCT700: Composite & Coaxial video outputs. RCA-stereo audio outputs.
  • DCT1700: Composite & Coaxial video outputs. RCA-stereo audio outputs.
  • DCT1800: Composite & Coaxial video outputs. RCA-stereo audio outputs.
  • DCT2000: Composite & Coaxial video outputs. RCA-stereo audio outputs. Front LC display.
  • DCT2500: Composite & Coaxial video outputs. SPDIF, Dolby Digital & RCA-stereo audio outputs. Front LC display.

High Definition & Personal Video Recorder STB's:

  • DCT6200: DVI, YbpPr Component, S-Video, Composite & Coaxial video outputs. SPDIF, Dolby Digital & RCA-stereo audio outputs. Front LC display.
  • DCT6208: DVI, YbpPr Component, S-Video, Composite & Coaxial video outputs. SPDIF, Dolby Digital & RCA-stereo audio outputs. Front LC display. Includes an 80 GB hard drive for PVR functions.
  • DCT6412: HDMI, DVI, YbpPr Component, S-Video, Composite & Coaxial video outputs. SPDIF, Dolby Digital & RCA-stereo audio outputs. Front LC display. Includes a 120 GB hard drive for PVR functions. Dual-tuner.
  • DCT6416: HDMI, DVI, YbpPr Component, S-Video, Composite & Coaxial video outputs. SPDIF, Dolby Digital & RCA-stereo audio outputs. Front LC display. Includes a 160 GB hard drive for PVR functions. Dual-tuner.

Internet access

Cogeco Cable utilizes a DOCSIS 1.0 & 1.1-compliant network to provide all of their Internet Protocol (IP)-based services, such as Internet access and VoIP. To position itself as a leader in delivering broadband solutions to its customers, Cogeco Cable became actively involved in the DOCSIS program and was one of the first major cable operators to deploy a DOCSIS-based network.[4]

Since April 2009, Cogeco has implemented a cost penalty for surpassing the bandwidth limits for each tier, for standard this is $1.50 per 1GB to a maximum of $30 monthly. Cogeco e-mails a warning at 85% and 100% of their combined bandwidth limit. A three-month history is available online. These surcharges will not take effect until June 2009.

In many areas, Cogeco maintains a de-facto regional monopoly on cable internet service.

VoIP Digital Telephony

Cogeco Cable launched their Digital Phone service in June 2005, a VoIP-based telephony service offering customers unlimited local & long distance calling within Canada and to the United States, voice mail, call display, call waiting, visual call waiting, call forwarding, 411-directory assistance, 911-emergency assistance, 611-technical support assistance, 711-message relay services & 0-operator services.

As of October 16, 2006, 70% of all homes passed by Cogeco Cable plant are able to access this service.[5]

Cogeco Data Services

On June 13, 2008, Cogeco acquired the Telecommunications division of Toronto Hydro, Toronto's municipal electric utility. As of August 1, 2008, Toronto Hydro Telecom is now known as Cogeco Data Services.[citation needed]

Cogeco-owned stations

Radio

Except for CJMF, all stations are part of the Adult Contemporary network, Rythme FM.

Cogeco also owned the now-defunct CKO radio network after acquiring AGRA subsidiary Cybermedix in 1989; the network and its stations went dark in November of that year.

Television

Cogeco Télévision

Cogeco's primary television venture is the TVCogeco system of local community channels in markets served by Cogeco Cable. As of the sale of TQS, Cogeco no longer owns any conventional television assets. In 2008. Cogeco also sold its 20% interest in Canal Indigo to Quebecor Media.

The five TQS O&Os which were owned by Cogeco were acquired by Remstar as part of the TQS transaction:

Concurrently, Cogeco also sold its three Télévision de Radio-Canada affiliates directly to the CBC:

See also

External links

References



 
 

 

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Wikipedia. This article is licensed under the Creative Commons Attribution/Share-Alike License. It uses material from the Wikipedia article "Cogeco" Read more