The Globe and Mail reports in its Friday, Oct. 31, edition that Cogeco Communications reported a 4.9-per-cent revenue drop in the fourth quarter, citing competitive pressure in U.S. Internet markets and declines in wireline phone and video services. The Globe's Irene Galea writes that Cogeco also lowered its revenue expectations for the 2026 fiscal year but raised its dividend, meeting some analyst expectations while missing others. Cogeco's U.S. operations face challenges from cable companies and fixed wireless Internet, losing 6,000 Internet subscribers last quarter. However, for the first time in four years, subscribers in Ohio grew, and chief executive officer Frederic Perron anticipates that this growth will eventually counterbalance losses in other markets. Cogeco lost about 11,000 video service and phone subscribers but gained 17,000 Internet subscribers in Canada, surpassing analyst expectations and offsetting declines in its legacy businesses. Mr. Perron said that average revenue per user is starting to improve, as Internet pricing starts to become more "constructive." Cogeco raised its dividend by 7 per cent to $3.95 per share annually, reflecting a yield of 6 per cent.