Cogeco Communications

Press release details

Cogeco Cable completes the acquisition of Atlantic Broadband

For immediate release
Cogeco Cable completes the acquisition of Atlantic Broadband
Cogeco Cable expands its operations to the United States
Montréal, Canada, November 30, 2012 Cogeco Cable Inc. (TSX: CCA) announced today that it
has completed the acquisition of Atlantic Broadband from ABRY Partners which was announced on
July 18, 2012. Formed in 2003, Atlantic Broadband operates cable systems in Western
Pennsylvania, Southern Florida, Maryland, Delaware and South Carolina.
Serving about 251,000 Television service customers, Atlantic Broadband is currently the 12
cable operator in the United States and provides Analog and Digital Television, as well as High
Speed Internet (HSI) and Telephony services.
“This is a very important day for Cogeco Cable as this acquisition marks our entry into the United
States market. There are sizable opportunities for growth, including increasing the penetration of the
small and mid-sized business segment and maximizing the bundling potential of services in the
residential sector. I am very pleased to confirm that Ed Holleran, one of Atlantic Broadbands
Founders, will continue to lead our US operations team as CEO. I would also like to welcome all
Atlantic Broadband employees to the extended Cogeco family,” said Louis Audet, President and
CEO of Cogeco Cable.
We feel that this transaction creates a great opportunity for Atlantic Broadband’s customers and our
employees. Cogeco Cable is a very solid company that has strong experience in our industry. Our
companies share much in common and, because of our combined expertise, we see strong growth
opportunities for the future through enhanced services for our residential and business customers,”
said Ed Holleran.
With the completion of this transaction, Cogeco Cable now serves more than 2.45 million primary
service units (PSUs) in Canada and in the United States.
Cogeco Cable ( is a telecommunications corporation and is the second largest
hybrid fibre coaxial cable operator in Ontario and Québec. Through its two-way broadband cable
networks, Cogeco Cable provides its residential customers with Analogue and Digital Television, 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).
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Atlantic Broadband is the 12
largest cable operator in the United States. The company is
headquartered in Quincy, Massachusetts, with over 650 employees and 251,000 customers located
in four operating regions: Western Pennsylvania, Miami Beach, Maryland/Delaware, and Aiken, SC.
Additional information is available at
Information: Cogeco Cable Inc.
René Guimond
Vice President, Public Affairs and Communications
Tel.: 514-764-4700
Atlantic Broadband
Julie Smith
Senior Vice-President, Marketing
Tel.: 617-786-8800 ext.107