Rogers Communications Inc!! announced on November 2 2020 that they had reached an agreement to purchase Cogeco Inc. for $7.8 billion in an all-cash deal. Rogers is now Canada’s second largest internet service provider (ISP) after Bell. Many questions are raised about the future direction of Canada’s telecommunications industry after Cogeco was acquired π π΅ β¦
Cogeco was established in 1957 by Hector J . Cogeco, who built a small cable system through all rural Quebec with the vision to expand through all North America οΈ. By 1999 his son Louis and daughter Suzanne had launched Cogeco Cable Inc. since then it has grown into one of Canada’s largest cable internet and telephone service providers with over 1. three millions subscribers; especially well-known for its superior customer service and fast internet speeds.
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- BEST REMOTE CODE LIBRARY - This universal remote works with all major brands and supports thousands of the latest audio/video equipment
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Rogers Communications Inc. has made an interesting acquisition of Cogeco. Rogers Communications Inc. is Canada’s largest telecommunications company, offering mobile phone, television and home phone services βοΈ π±. In an effort to stay competitive they have been expanding their network rapidly in recent years. They now have a powerful, new tool at their disposal, thanks to the acquisition of Cogeco.
The acquisition of Cogeco makes Rogers the second-largest ISP in Canada π¨π¦. This means that they are now in a position to provide more services to more people around the country οΈ. In particular the addition of Cogecoβs fibre-optic network will provide Rogers with access to faster and more reliable internet. This opens the door for them to provide faster, more reliable services to their customers. It also gives them the opportunity to expand their presence in rural areas with limited access to high-speed internet .
The acquisition of Cogeco also gives Rogers access to a wealth of valuable data as Cogeco owns and operates a sizable data center that can be used to store and process data from their customers allowing Rogers to better understand their needs and develop more specialized services.
The acquisition of Cogeco also gives Rogers the opportunity to better compete with its major rivals Bell and Telus π. Both of these companies have long been in the telecommunications industry and have invested heavily in infrastructure and technology. With the acquisition of Cogeco Rogers can better compete with them by offering similar or better services at lower prices .
The acquisition of Cogeco also gives Rogers a greater presence in Quebec. For many years, Bell, and Telus have dominated the market in Quebec, while Rogers has largely been absent. With the acquisition of Cogeco, Rogers can now provide services to more people in the province . This could give them a significant advantage over their competitors.
The acquisition of Cogeco is an intriguing move by Rogers that could have significant implications for the telecommunications industry in Canada. By acquiring Cogeco Rogers has acquired access to a wealth of valuable data faster and more reliable internet and a greater presence in the province of Quebec οΈ. This move could give Rogers the edge they need to remain competitive in the ever-evolving telecommunications industry. ! .
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