Cable / Telecom News

iPhone helps Rogers grow through Q3

TORONTO - Sales of the Apple iPhone helped push third quarter net income to $495 million at Rogers Communications, up 84% over the same period last year. The company’s third quarter results, for the period ended September 30th, also reported that consolidated revenue for the company grew 14% to $3 billion, and adjusted operating profit increased 4% to $1 billion. “The double-digit revenue growth and continued healthy level of subscriber additions that Rogers generated in the third quarter reflect the quality and utility of our service offerings in the face of an increasingly challenging economic backdrop which we are well...