Cogeco Communications

Press release details

COGECO CABLE COMPLETES THE ACQUISITION OF TORONTO HYDRO TELECOM

PRESS RELEASE
For immediate release
Cogeco Cable completes the acquisition of Toronto Hydro Telecom
Montréal, July 31, 2008 — Cogeco Cable (TSX: CCA), the second largest cable operator in
Ontario, Québec and Portugal based on the number of Basic Cable service customers served,
announced today that it completed the acquisition of Toronto Hydro Telecom, the
telecommunications subsidiary of Toronto Hydro Corporation, announced on June 13, 2008. The
new subsidiary of Cogeco Cable will now operate under the name of Cogeco Data Services Inc.
"The completion of this acquisition represents a significant step for Cogeco Cable because it
strengthens our position in the business market segment," said Louis Audet, President and Chief
Executive Officer of Cogeco Cable. "Mr. Dave Dobbin, President of Cogeco Data Services Inc., and
his management team will continue to operate and lead this new subsidiary in order to foster the
strong growth and customer service that have been its hallmark, with Cogeco Cable’s full support”,
added Mr. Audet.
Cogeco Data Services is a data communications provider offering a suite of network solutions, from
connectivity, including Ethernet LAN extension services, Internet and Private Line, to value added
services like Collocation, Security and Storage. With its extensive fibre optic network and operations
throughout the Greater Toronto Area (GTA), the Company counts many of Canada’s leading
businesses and institutions among its customers.
This acquisition will allow Cogeco Cable to further the development of its business
telecommunications activities. Entering the GTA market, the largest local business
telecommunications market in Canada, brings interesting growth opportunities for the foreseeable
future and provides a unique opportunity to add owned and operated points of presence throughout
the GTA. Customers will also be able to benefit from Cogeco Cable’s extensive fibre network
spanning Ontario and Quebec.
ABOUT COGECO CABLE
Cogeco Cable (www.cogeco.ca), a facility-based telecommunications company offering a diverse
range of services to its customers in Canada and in Portugal, is the second largest cable operator in
Ontario, Québec and Portugal, respectively, in terms of the number of Basic Cable service
customers served. Through its two-way broadband cable networks, Cogeco Cable provides its
residential and commercial customers with Analogue and Digital Television, High Speed Internet,
Telephony and Data services. The Corporation provides approximately 2,676,000 revenue-
generating units (RGUs) to 2,410,000 homes passed in its Canadian and Portuguese service
territories. Cogeco Cable’s subordinate voting shares are listed on the Toronto Stock Exchange
(TSX: CCA).
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Information: Marie Carrier
Director, Corporate Communications
Tel.: (514) 764-4700