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New wholesale rates to cost Rogers $140M, Cogeco $25M, companies say

Brief | August 19, 2019

Cogeco Inc. said Monday that the new wholesale broadband rates set by the CRTC will cost the company $25 million in retroactive payments, while Rogers Communications Inc. said it “expects to record a charge of approximately $140 million in the current quarter to account for the retroactive impact of the lower rates.”

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