Cogeco Communications Inc
TSX:CCA

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Cogeco Communications Inc
TSX:CCA
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Price: 67.07 CAD -0.62% Market Closed
Market Cap: 2.8B CAD

Cogeco Communications Inc
Investor Relations

Cogeco Communications Inc. stands as a compelling narrative in the realm of telecommunications, with its roots deeply anchored in Canada and robust branches stretching into the United States. The company, a subsidiary of Cogeco Inc., paints a vast canvas of connectivity by delivering high-speed internet, video, telephony services, and managed cloud offerings. Cogeco's strategic approach to expanding its network capabilities and infrastructure investments has enabled it to maintain a competitive edge in densely populated urban centers while also reaching into less-served rural communities. This dual focus not only broadens its customer base but also reinforces its essential role in connecting diverse populations through dependable digital services.

The revenue model of Cogeco Communications Inc. is intricately woven around its ability to offer bundled services, a strategy that enhances customer retention and fosters expanding consumer loyalty. Targeting different market demographics with tailored packages, it thrives on the versatility and scalability of its offerings, thereby maximizing average revenue per user. Its profit engine is further fueled by its subsidiary, Atlantic Broadband, which strengthens its foray into the U.S. market, complementing its Canadian operations with an international footprint. Through strategic acquisitions and organic growth, Cogeco continues to solidify its presence in the evolving telecommunications landscape, balancing technological advancement with a strong commitment to community-centric service delivery.

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CCA
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Last Earnings Call
Fiscal Period
Q4 2025
Call Date
Oct 30, 2025
AI Summary
Q4 2025

Transformation Progress: Cogeco completed the first year of its three-year transformation program, hitting synergy and cost-saving targets, and is now shifting focus to revenue growth.

Canadian Growth: Achieved the strongest Canadian internet customer growth in 13 years, with increased market share and constructive competitive environment.

U.S. Challenges: U.S. revenue and EBITDA declined due to ARPU pressures and a tough competitive environment, but subscriber trends have improved, notably with Ohio achieving net customer growth for the first time.

Wireless Launch: Canadian wireless service launch is ahead of plan, with strong early demand allowing for a pullback on initial promotions.

Fiscal 2026 Guidance: Revenue and EBITDA expected to decline slightly (revenue down 1-3%, EBITDA down 0-2%) due to continued U.S. pressures and investments in growth, but free cash flow is expected to grow 0-10%.

Dividend Increase: Quarterly dividend was raised by 7% as management remains confident in future free cash flow growth.

CapEx Efficiency: Ongoing network upgrades, with selective and cost-effective fiber deployments, are contributing to efficiency and supporting future expansion.

Key Financials
Capital Intensity
21.8%
Net Debt to Adjusted EBITDA
3.1x
Dividend Per Share
$0.987
Canadian Internet Subscriber Additions (Q4)
17,000
Canadian Homes Passed (Q4)
10,800
U.S. Internet Subscriber Decline (Q4)
6,300
Ohio Internet Subscriber Additions (Q4)
1,300
Earnings Call Recording
Other Earnings Calls

Management

Mr. Frederic Perron B.Com.
President, CEO & Director
No Bio Available
Mr. Patrice Ouimet B.Com., C.A., CPA, FCPA
CFO & Senior VP
No Bio Available
Mr. Sean Brushett
Chief Operating Officer
No Bio Available
Mr. Tim Dinesen
Chief Technology & Information Officer
No Bio Available
Mr. Troy Crandall
Head of Investor Relations
No Bio Available
Mr. Paul Cowling
Chief Legal & Corporate Affairs Officer
No Bio Available
Ms. Marie-Helene Labrie M.Sc.
Senior VP and Chief Public Affairs, Communications & Strategy Officer
No Bio Available
Mr. Francois-Philippe Lessard C.F.A.
Vice President of Corporate Development
No Bio Available
Ms. Linda Gillespie
Senior VP & Chief Human Resources Officer
No Bio Available
Ms. Marie Ginette Lepage M.B.A.
Senior Vice President of Transformation
No Bio Available

Contacts

Address
QUEBEC
MONTREAL
1, Place Ville-Marie, Office 3301
Contacts
+15147644700.0
corpo.cogeco.com