Cogeco’s TiVo service will reduce sub loss: Audet
telecom | 11/03/2014 5:32 pm EST
Cogeco Cable Inc. CEO Louis Audet said Monday that providing TiVo service in Canada will help reduce the ongoing reduction in cable subscribers, or possibly even lead to growth.
On Thursday, Cogeco said its TiVo service, which can bring customers Netflix service through their set-top boxes, would launch for Ontario customers Monday, and would be available in Quebec in the spring.
"This launch will help us stabilize and reduce primary service unit losses (PSUs)," Audet said during a conference call Monday to discuss the company's fourth-quarter performance. "Hence, we expect that PSU losses suffered in 2014 will start reducing, and with any luck, we might gain customers."
The company said in a release late Friday that it had a profit of $63.8 million in its fourth
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