Cogeco Communications Inc T.CCA

Alternate Symbol(s): CGEAF

Communication Services Telecom Services

Cogeco Communications Inc. is a telecommunications company. Through its business units Cogeco Connexion and Breezeline, it provides Internet, video and phone services in the provinces of Quebec and Ontario, as well as in 13 states in the United States. The Company’s segments include Canadian telecommunications and American telecommunications. The Canadian telecommunications activities are carried out by Cogeco Connexion in the provinces of Quebec and Ontario. The American telecommunications activities are carried out by Breezeline in 13 states: Connecticut, Delaware, Florida, Maine, Maryland, Massachusetts, New Hampshire, New York, Ohio, Pennsylvania, South Carolina, Virginia and West Virginia. It provides its residential and small business customers with Internet, video and telephony services through its two-way broadband cable network. It provides a range of Internet, video and phone services primarily to residential customers and business services across their coverage areas.

TSX:CCA - Post by User

Cogeco Communications Inc > I would rather buy a GIC with no risk

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Comment by autofocus111on Jan 31, 2023 10:44pm

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Post# 35258566

RE:I would rather buy a GIC with no risk

If you compare the ratios of CCA and BCE it is not really all that different. CCA is throwing alot of dollars into capex to improve their offerings. Lack of wireless services is a negative wtih no ability to bundle, but on the flip side it sharpens the focus since it's a simpler business to manage. Key is if they can turn the trends around in the USA especially with the latest acquisition. CCA has a strong dividend growth record with DGR ~2x BCE's. If the stock drops to $60 for a yield of ~5% I'll add more.

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