The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from Marketwire

Cogeco Enhances its High Speed Internet Service in Ontario

Wednesday, April 18, 2012

Cogeco Enhances its High Speed Internet Service in Ontario11:52 EDT Wednesday, April 18, 2012MONTREAL, QUEBEC--(Marketwire - April 18, 2012) - Cogeco Cable Inc. (TSX:CCA) announced today it is enhancing its High Speed Internet (HSI) service in Ontario, boosting its current Ultimate 50 package to a download speed of up to 55 Mbps to become Ultimate 55 and giving customers the fastest download speeds at one of the most affordable prices in its service area. With this enhancement, Cogeco offers its customers all the power of its network and constant advances, year after year. And Cogeco customers who currently subscribe to the Ultimate 50 package will enjoy the faster speed through an automatic upgrade to Ultimate 55 with no change in price!Starting today, most Cogeco Cable customers in Ontario can access the all new package that offers top download speeds of 55 Mpbs, upload speeds of 2 Mbps and a monthly data transfer capacity of 250 GB. Compared with competitors' offerings, Cogeco's Ultimate 55 package is the fastest available in its service area. Ultimate 55 is based on DOCSIS 3.0, a data compression technology that allows for more efficient and economical bandwidth consumption. This positions Cogeco very favourably to respond to the constant increase in bandwidth demand at a competitive price and provide access to higher data throughput, improved video configuration and an increased level of security. What's more, the Ultimate 55 package includes Cogeco's full line of security services and modem rental at no extra charge. With its six (6) HSI packages - Express 4 and 8, Turbo 14 and 20 and Ultimate 30 and 55 - Cogeco Cable can meet the needs of all Internet users. "Upgrading our Ultimate package from 50 to 55 Mbps reflects our constant drive to offer our customers enhanced flexibility, greater choice and more speed. Today, the whole family can use the Internet at the same time for online banking, video gaming, shopping or for downloading videos or films, and all with the same Internet account. Cogeco's Ultimate 55 HSI package is definitely the best choice to meet these needs," said Ron Perrotta, Vice-President, Marketing and Strategic Planning at Cogeco Cable.HSI Ultimate 55 is priced at $109.95 per month for customers subscribing only to Cogeco Ultimate Internet and $99.95 per month to customers who also subscribe to Cogeco Television or Phone service. ABOUT COGECO CABLECogeco Cable (www.cogeco.ca) is a telecommunications corporation and is the second largest hybrid fibre coaxial cable system operator in Ontario and Québec. Through its two-way broadband cable networks, Cogeco Cable provides its residential customers with Audio, Analogue and Digital Television, as well as High Speed Internet (HSI) and Telephony services. Cogeco Cable also provides, to its commercial customers, through its subsidiary Cogeco Data Services, data networking, e-business applications, video conferencing, hosting services, Ethernet, private line, VoIP, HSI access, data storage, data security, co-location services, managed IT services, cloud services and other advanced communication solutions. Cogeco Cable's subordinate voting shares are listed on the Toronto Stock Exchange (TSX:CCA).FOR FURTHER INFORMATION PLEASE CONTACT: Director, Corporate CommunicationsNicole Tardif(514) 764-4685