Cogeco cable TV customers down 8,465 in quarter to End-November
Tuesday, January 13th, 2015MONTRÉAL — Today, Cogeco Cable Inc. (TSX: CCA) (“Cogeco Cable” or the “Corporation”) announced its financial results for the first quarter of fiscal 2015, ended November 30, 2014, in accordance with International Financial Reporting Standards (“IFRS”).
Fiscal 2015 first-quarter net losses for Television service customers stood at 8,465 compared to 9,093 mainly as a result of service category maturity and competitive offers in the industry.
Customer Statistics
Net additions (losses) Quarters ended November 30, ---------------------- 2014 2013 ---------- ---------- Television service customers 1,014,629 (8,465) (9,093) Canada 789,686 (7,479) (7,122) USA 224,943 (986) (1,971)
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