The Globe and Mail
🏢 Globe and Mail Inc. (Woodbridge)
Jun 1, 2026
· 4 min read
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Cogeco to take $1.7-billion non-cash charge related to U.S. telecom business
Original article ↗ 🔒 Paywalled source — limited preview availableB.I.A.S. ANALYSIS
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Heuristic (v1/v3)
0.50 · CENTER
ML v2 (DistilBERT)
0.000 · CENTER
Ensemble
0.250 · CENTER RIGHT
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Article Excerpt
Cogeco expects $1.7-billion writedown over U.S. telecom division
IRENE GALEA
PUBLISHED JUNE 1, 2026
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Cogeco Communications Inc. CCA-T -1.83%
decrease
expects to record a $1.7-billion writedown related to its U.S. telecommunications division, the company said Monday, in the wake of intensified competition from American rivals and in light of revenue declines in recent years.
The Montreal-based company operates Breezeline, a cable and fibre business serving …
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