Cogeco 2011 Annual Report Download - page 8

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Management’s Discussion and Analysis (MD&A) COGECO CABLE INC. 2011 7
Forward-looking statements
Certain statements in this Management’s Discussion and Analysis (“MD&A”) may constitute forward-looking information within the meaning of
securities laws. Forward-looking information may relate to Cogeco Cable’s future outlook and anticipated events, business, operations,
financial performance, financial condition or results and, in some cases, can be identified by terminology such as "may"; "will"; "should";
"expect"; "plan"; "anticipate"; "believe"; "intend"; "estimate"; "predict"; "potential"; "continue"; "foresee", "ensure" or other similar expressions
concerning matters that are not historical facts. In particular, statements regarding the Corporation’s future operating results and economic
performance and its objectives and strategies are forward-looking statements. These statements are based on certain factors and assumptions
including expected growth, results of operations, performance and business prospects and opportunities, which Cogeco Cable believes are
reasonable as of the current date. While management considers these assumptions to be reasonable based on information currently available
to the Corporation, they may prove to be incorrect. The Corporation cautions the reader that the economic downturn experienced over the past
few years makes forward-looking information and the underlying assumptions subject to greater uncertainty and that, consequently, they
may not materialize, or the results may significantly differ from the Corporation’s expectations. It is impossible for Cogeco Cable to predict with
certainty the impact that the current economic uncertainties may have on future results. Forward-looking information is also subject to certain
factors, including risks and uncertainties described in the “Uncertainties and main risk factors” section starting on page 22 of the MD&A that
could cause actual results to differ materially from what Cogeco Cable currently expects. These factors include technological changes,
changes in market and competition, governmental or regulatory developments, general economic conditions, the development of new products
and services, the enhancement of existing products and services, and the introduction of competing products having technological or other
advantages, many of which are beyond the Corporation’s control. Therefore, future events and results may vary significantly from what
management currently foresee. The reader should not place undue importance on forward-looking information and should not rely upon this
information as of any other date. While management may elect to, the Corporation is under no obligation (and expressly disclaims any such
obligation), and does not undertake to update or alter this information before the next quarter.
This MD&A should be read in conjunction with the Corporation’s consolidated financial statements and the notes thereto, prepared in
accordance with Canadian Generally Accepted Accounting Principles (“GAAP”). Throughout this discussion, all amounts are in Canadian
dollars unless otherwise indicated.
Acronyms
DTA Digital Terminal Adapter
DOCSIS Data Over Cable Service Interface Specifications
DVR Digital Video Recorder (Same as Personal Video Recorder or PVR)
€ Euro Currency
HD High Definition
HSI High Speed Internet
IP Internet Protocol
Mbps Megabits per second
MHz Megahertz
RGU Revenue-Generating Units include Basic Cable, HSI, Digital Television
and Telephony Service Customers
SVOD Subscription Video on Demand Services
VOD Video on Demand Services
VoIP Voice-over-Internet Protocol