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Market Chatter: Cogeco Mum On Canadian Wireless Launch After Introducing Mobile Service in U.S.
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Market Chatter: Cogeco Mum On Canadian Wireless Launch After Introducing Mobile Service in U.S.
Jul 12, 2024 1:13 PM

03:45 PM EDT, 07/12/2024 (MT Newswires) -- Cogeco Inc. ( CGECF ) says it's eyeing the launch of mobile service in Canada after beginning to offer wireless coverage to customers in the U.S. last quarter under its Breezeline Mobile brand, The Canadian Press is reporting Friday.

But, the report noted, the Montreal-based telecommunications company says details for the Canadian launch are still under wraps as it continues to negotiate access agreements with other companies to operate on their networks.

President and CEO Frederic Perron told analysts on the company's third-quarter earnings call Friday that Cogeco ( CGECF ) plans to offer wireless services as part of a bundle with wireline products in the hopes of increasing customer retention.

(Market Chatter news is derived from conversations with market professionals globally, and/or from other media sources. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 53.78, Change: +1.94, Percent Change: +3.74

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