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Broadband

Cogeco acquires Quebec's Derytelecom for CAD 405 million

Thursday 22 October 2020 | 11:04 CET | News
Cogeco Communications' Canadian subsidiary Cogeco Connexion entered into a definitive agreement to purchase Derytelecom, a cable provider in the province of Quebec for CAD 405 million. Derytelecom offers internet, television and telephony services to approximately 100,000 customers in over 200 municipalities across several regions in Quebec, including Estrie, Lanaudiere, Monteregie and the Laurentians. Revenue and adjusted EBITDA for the fiscal year ended 31 August are estimated to be CAD 105 million and CAD 44 million, respectively. 

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Categories: Fixed
Companies: Cogeco Communications / Derytelecom
Countries: Canada
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