Rogers reports revenue increased 4% in Q1 2022

TORONTO – Rogers Communications today reported its first quarter 2022 financial results, which show total revenue increased 4% to $3.6 billion compared to the same quarter in 2021 and adjusted EBITDA increased 11% to $1.5 billion. “Each of our businesses delivered better revenue and profitability than expected,” said Tony Staffieri, president and CEO of Rogers, during a conference call with investors today. Wireless revenue grew 3% to $2.1 billion, cable revenue grew 2% to $1 billion and media revenue grew 10% to $482 million, according to a press release announcing the Q1 results. Total service revenue was reported to have...