October 19, 2017 3 hours 13 min ago

Wireless gains power Q3 profits at Rogers

TORONTO - An influx of new wireless customers, the highest in the last eight years, helped to drive up third quarter profits at Rogers Communications by 112%, the company said Thursday. For the period ended September 30, 2017, net income of $467 million was more than double the $220 million posted in the same period last year. Adjusted net income increased 22% from $427 million to $523 million, primarily due to higher adjusted operating profit and lower depreciation and amortization. Read More »