Cogeco Cable reacts to CRTC’s decision on the Bell/Astral deal
PRESS RELEASE
FOR IMMEDIATE RELEASE
Cogeco Cable reacts to CRTC’s decision on the Bell/Astral deal
Montreal, June 27, 2013 – Cogeco Cable Inc. (TSX: CCA) (“Cogeco”) today responded
with mixed disappointment to the CRTC’s decision to approve the application by Astral
Media Inc. (“Astral”) for authority to transfer its effective control, and control of its licensed
broadcasting subsidiaries, to BCE Inc. (“BCE”) and to complete related corporate
reorganizations.
“While disappointed, we accept and respect the decision,” said Louis Audet, President &
CEO of Cogeco Cable Inc . “We view pos itively that a num ber of new safeguards have be en
introduced along with this decision. We are confident that if all the safeguards are actively
implemented and s tric tly enforc ed i n a timel y manner and with tight supervisi on, the interest s
of Canadian consumers could be effectively protected and the Canadian broadcasting
market could remain workably competitive,” concluded Mr. Audet.
ABOUT COGECO CABLE
Cogeco Cable (www.cogeco.ca) is a telecommunications corporation and is the11th largest
hybrid fibre coaxial cable operator in North America operating in Canada under the Cogeco
Cable brand name in Quebec and Ontario, and in the United States through its subsidiary
Atlantic Broadband in Western Pennsylvania, South F l orida, Maryland, Delaware and South
Carolina. I ts two-wa y broadband cabl e networks p rovide to its residential and s mall business
customers Analogue and Digital Television, High Speed Internet («HSI») and Telephony
services. Through its subsidiaries Cogeco Data Services and PEER 1 Hosting, Cogeco
Cable provides its commercial customers a suite of IT hosting, information and
communications technology services (Data Centre, Co-location, Managed Hosting, Cloud
Infrastructure and Connectivity), with 23 data centres, extensive fibre networks in Montreal
and Toronto as well as points-of-presence in North America and Europe. Cogeco Cable’s
subordinate voting shares are listed on the Toronto Stock Exchange (TSX: CCA). For more
information about Cogeco Cable and its subsidiaries visit cogeco.ca, cogecodata.com,
peer1.com and pee r1hosting.co.uk.
- 30 -
Information: René Guimond
Vice President, Public Affairs & Communications
Tel: (514) 764-4746