COGECO TO FOCUS ON CENTRAL CANADA
By Adnews Staff
Cogeco Cable of Montreal is getting out of the B.C. cable market. The company is selling its cable system serving Chilliwack, B.C. and surrounding areas to Shaw Communications of Calgary for $37 million. Cogeco is selling the business so it can concentrate on its cable operations in Ontario and Quebec. The deal is subject to approval by the Canadian Radio-television and Telecommunications Commission. Shaw has about 1.51 million subscribers to its cable service. Cogeco has about 773,000 customers.
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