Cogeco Communications Inc T.CCA

Alternate Symbol(s): CGEAF

Communication Services Telecom Services

Cogeco Communications Inc. is a telecommunications company, which operates through its business units Cogeco Connexion and Breezeline. It provides Internet, video and wireline phone services in Canada, and in 13 states in the United States (U.S.) under the Cogeco Connexion, oxio, and Breezeline brand names. Breezeline also offers wireless services in most of the U.S. states in which it operates. It operates in two segments: 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 states: Connecticut, Delaware, Florida, Maine, Maryland, Massachusetts, New Hampshire, New York, Ohio, Pennsylvania, South Carolina, Virginia and West Virginia. The segments provide 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 > CCA should buy ATUS

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Comment by autofocus111on May 03, 2022 7:22pm

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Post# 34653188

RE:CCA should buy ATUS

ATUS is levered to the hilt NetDebt/EBITDA is well above 6x and CCA ~3.7. So you want two already highly leveraged companies to combine? No thanks. Hard to believe the Audet family could have got $150+/share not too long ago. Instead the stock is wallowing at 100. At least they're doing a new NCIB for ~7% of the float. In USA AT&T is once again a lean mean telecom machine and going full steam again with FTTH expansion. That's tough competition for CCA in overlapping regions. Tough tough tough.

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