...
Cogeco launches Canadian wireless service, plans 12 markets in coming weeks

MONTREAL — Cogeco Inc. announced that it has begun rolling out its mobile phone service in Canada, with the first group of customers already connected.

The company said it plans to launch the service in 12 markets in parts of Ontario and Quebec in the coming weeks.

The news came as Cogeco reported a profit attributable to owners of $20.5 million for the quarter ended May 31, up from $19 million in the same period last year.

Cogeco said diluted earnings per share were $2.13 for the quarter, up from $1.97 a year earlier.

Total revenue for the quarter was $758.5 million, down from $777.2 million a year earlier.

On an adjusted basis, Cogeco said it earned $2.40 per share in the period, down from adjusted earnings of $3.02 per share a year ago.

This report was first published by the Canadian Press on July 16, 2025.

News source

Suggested Content

Latest Blog

Login first to rate.

Express your opinion

Login first to submit a comment.

No comments yet.