Milwaukee, WI – Cogeco Communications Inc. recently held its Q3 2024 Earnings Conference Call, providing insights into the company’s performance and future plans. During the call, key executives discussed the financial results and strategic initiatives to drive growth and efficiency for the telecommunications company.

Patrice Ouimet, the Senior Vice President and Chief Financial Officer, opened the conference call by highlighting the importance of transparency and caution when discussing the company’s estimates and forward-looking information. Ouimet emphasized the need to consider various risks and uncertainties that could impact actual results.

Frederic Perron, the President and CEO of Cogeco Inc. and Cogeco Communications Inc., outlined the company’s top priorities for sustainable growth. Perron discussed the organizational changes implemented to drive synergies and enhance performance, including the consolidation of U.S. and Canadian telecommunications operations.

The company’s focus on digitization, advanced analytics, network expansion, and wireless services was highlighted as key areas of growth and innovation. Perron also mentioned the deployment of AI technology, such as the AI chatbot “Charlie,” to enhance customer interactions and improve operational efficiency.

The executives discussed the company’s financial performance, including revenue growth, EBITDA, and capital intensity. They shared insights into the impact of government programs, like the Affordable Connectivity Program (ACP), on subscriber numbers and overall revenue.

Additionally, the executives addressed questions from analysts regarding margins, restructuring charges, future growth projections, and plans for network expansion. They emphasized the importance of maintaining a balance between cost efficiency and investment in growth areas to drive long-term success.

In conclusion, the conference call provided valuable insights into Cogeco Communications Inc.’s strategic direction, financial performance, and future outlook. The company remains focused on driving innovation, enhancing customer experience, and creating value for shareholders in a competitive telecommunications market.