Cogeco Communications

Press release details


For immediate release
Cogeco Cable announces completion
of internal corporate reorganization
Montréal, September 1, 2009 — Cogeco Cable Inc. (TSX: CCA) ("Cogeco Cable")
today announced the completion of an internal corporate reorganization of certain of its
subsidiaries (the “Reorganization”) pursuant to which (i) substantially all of t he activities
of Cogeco Cable Québec Inc. were transferred to Cogeco Cable Québec General
Partnership (a newly formed general partnership); (ii) substantially all of the activities of
Cogeco Cable Canada Inc. were transferred to Cogeco Cable Canada LP (a newly
formed limited partnership); and (iii) substantially all of the activities of Cogeco Data
Services Inc. were transferred to Cogeco Data Services LP (a newly formed limited
Cogeco Cable (, is a telecommunications company and is the second
largest cable operator in Ontario, Québec and Portugal, in terms of the number of Basic
Cable service customers served. Through its two-way broadband cable networks,
Cogeco Cable provides its residential customers with Audio, Analogue and Digital
Television, as well as HSI and Telephony services. Cogeco Cable also provides, to its
commercial customers, data networking, e-business applications, video conferencing,
hosting services, Ethernet, private line, VoIP, HSI access, dark fibre, data storage, data
security and co-location services and other advanced communication solutions. Cogeco
Cable’s subordinate voting shares are listed on the Toronto Stock Exchange (TSX:
Certain statements contained or incorporated by reference in this press release may
constitute forward-looking information within the meaning of securities laws. Forward-
looking information may relate to Cogeco Cable’s future outlook and anticipated events,
business, operations, financial performance, financial condition or results and, in some
cases, can be identified by terminology such as “may”, “will”, “should”, “expect”, “plan”,
“anticipate”, “believe”, “intend”, “estimate”, “predict”, “potential”, “continue”, “foresee”,
“ensure” or other similar expressions concerning matters that are not historical facts. In
particular, statements regarding Cogeco Cable’s future operating results and economic
performance and its objectives and strategies are forward-looking statements. These
statements are based on certain factors and assumptions including expected growth,
results of operations, performance and business prospects and opportunities which
Cogeco Cable believes are reasonable as of the current date. While management
considers these assumptions to be reasonable based on information currently available
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to Cogeco Cable, they may prove to be incorrect. Cogeco Cable cautions the reader
that the current adverse economic conditions make forward-looking information and the
underlying assumptions subject to greater uncertainty and that, consequently, they may
not materialize, or the results may significantly differ from Cogeco Cable’s expectations.
It is impossible for Cogeco Cable to predict with certainty the impact that the current
economic downturn may have on future results. Forward-looking information is also
subject to certain factors, including risks and uncertainties, that could cause actual
results to differ materially from what Cogeco Cable currently expects. These factors
include technological changes, changes in market and competition, governmental or
regulatory developments, general economic conditions, the development of new
products and services, the enhancement of existing products and services and the
introduction of competing products having technological or other advantages, many of
which are beyond Cogeco Cable’s control. Therefore, future events and results may
vary significantly from what management currently foresees. For more exhaustive
information on these risks and uncertainties, prospective purchasers should refer to the
risk factors described in the management's discussion and analysis of Cogeco Cable for
the year ended August 31, 2008 and for the three and nine-month periods ended
May 31, 2009. Prospective purchasers should not place undue importance on forward-
looking information and should not rely upon this information as of any other date. While
management may elect to, Cogeco Cable is under no obligation and does not undertake
to update or alter this information at any particular time, except as may be required by
Information: Marie Carrier
Director, Corporate Communications
Tel.: (514) 764-4761
Alex Tessier
Tel.: (514) 764-4757