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  "description": "The writedown wipes out nearly what Cogeco paid for its U.S. broadband business just four years ago.",
  "path": "/cogeco-takes-1-2-billion-hit-as-breezeline-loses-ground/",
  "publishedAt": "2026-06-02T20:20:17.000Z",
  "site": "https://broadbandbreakfast.com",
  "tags": [
    "wrote down $1.2 billion",
    "See Breakfast Club Membership Options!",
    "See Breakfast Club Membership Options",
    "Subscribe now"
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  "textContent": "June 2, 2026 – A Montreal-based cable operator wrote down $1.2 billion from its U.S. broadband unit Monday, as fiber and fixed wireless rivals continue to erode the customer base.\n\nCogeco Communications said the writedown, $1.7 billion in Canadian dollars, covers the goodwill and intangible assets tied to Breezeline, its U.S. internet service provider operating across 13 states.\n\nSee Breakfast Club Membership Options!\n\n\n                            See Breakfast Club Membership Options\n                        \n\n### This post is for subscribers only\n\nBecome a member to get access to all content\n\nSubscribe now",
  "title": "Cogeco Takes $1.2 Billion Hit as Breezeline Loses Ground",
  "updatedAt": "2026-06-04T09:47:04.774Z"
}