Cogeco Communications Inc. (TSX: CCA) began operating in 1972 and is a subsidiary of Cogeco Inc., which was founded in 1957. Rooted in the communities we serve, we are a growing competitive force in the North American telecommunications sector with 1.6 million customers, providing a wide range of Internet, video and phone services primarily to residential customers as well as business services. We are focused on long-term value creation by growing the business organically, making attractive acquisitions and continuously innovating while returning capital to shareholders and maintaining a prudent level of financial leverage, supported by robust environmental, social and governance (ESG) practices.
The digitization of society is creating exciting growth opportunities for Cogeco, with increasing demand for fixed and mobile bandwidth services. Our strategic plan is focused on five growth vectors including our ambitious network expansion program, evolving our advanced wireline network, making accretive and complementary acquisitions to expand our footprint and broaden our capabilities and services, expanding into new customer segments with a multi-brand approach, and launching mobile services through a capital efficient model. In addition, supported by a differentiated people strategy and increased digitization, we continue to solidify our core business through operational efficiencies and by enhancing our product and service offerings for a distinct customer experience while driving continuous improvement to our brands and marketing practices.
We continually improve our service offering in the cable/broadband services sector to maximize growth by investing in our networks and equipment as well as in new technology.
Cogeco Connexion's strong Canadian cable operations provide stable growth, industry leading adjusted EBITDA margin and leverages superior Internet speeds in a large part of our footprint. Cogeco Connexion is well positioned to partner with governments to expand connectivity in underserved and unserved areas and pursue its growth.
Breezeline's successful U.S. cable expansion strategy has resulted in robust organic growth in our largely regional markets with fragmented competition and one of the U.S. industry's highest adjusted EBITDA margin. Breezeline has an opportunity to expand in adjacent regions with a good growth profile and attractive demographics. On January 10, 2022, the subsidiary announced a full rebrand, changing its operating name to Breezeline (formerly Atlantic Broadband). The name change reflects the segment's commitment to an easy and convenient customer experience, while better representing the segment's geographic reach and full product breadth.
Our strong financial performance includes attractive margins, strong free cash flow and dividend growth of over 10%. We practice prudent financial management with a history of reducing leverage following acquisitions
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Cogeco is a growing company with a global footprint.
Learn more about each of Cogeco’s business units and how they combine to form one united company.