Cogeco Communications Inc. (CGEAF)
Cogeco Communications Inc. operates in the Telecommunications Services industry of the Communication Services sector, headquartered in Montreal, QC, CA. The stock last traded at $43.22, down 0.23% on the session, giving a market capitalisation of $1.82B. On trailing twelve-month figures it carries a trailing P/E of -2.28, a net margin of -39.6%. Its beta of 0.66 implies it has historically moved less than the broad market.
Cogeco Communications Inc. stands as a significant North American telecommunications enterprise, operating across two key divisions: Canadian Broadband Services and American Broadband Services. The company delivers a comprehensive range of Internet, video, and telephony services to both residential households and commercial clients. These offerings are facilitated by its advanced two-way broadband fiber networks. For Internet users, Cogeco provides necessary equipment such as modems, Wi-Fi gateways, and extenders, which are available either for rent or bundled with the service package. Video entertainment is offered on a subscription basis, while home phone services utilize Internet Protocol (IP) for both local and long-distance calls. Larger businesses also benefit from specialized broadband Internet, IP-based telephony, and other network connectivity solutions delivered via fiber optic connections. In Canada, specifically in Québec and Ontario, the company operates its cable services under the "Cogeco Connexion" brand. In the United States, it uses the "Atlantic Broadband" name for its operations. Founded in 1972, Cogeco Communications Inc. was previously known as Cogeco Cable Inc. before officially rebranding in January 2016. The company's corporate headquarters are located in Montreal, Canada, and it functions as a subsidiary of Cogeco Inc.
Cogeco Communications Inc. is most often compared with the following Communication Services names: