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Cogeco Communications Inc T.CCA

Alternate Symbol(s):  CGEAF

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

Comment by autofocus111on Jan 31, 2023 10:44pm
283 Views
Post# 35258566

RE:I would rather buy a GIC with no risk

RE:I would rather buy a GIC with no riskIf 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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