Cable & Telecom

Revenue up but wireless down at Rogers

TORONTO – Rogers said Thursday that third quarter revenues increased by 2%, aided by growth in its cable and media divisions. Consolidated revenue for the period ended September 30 was $3.22 billion, up from $3.18 billion at the same time last year.  Net income under standard accounting was down slightly to $464 million from $466 million last year, while adjusted net income was $501 million, up from $495 million. The company reported a 4% revenue growth in its Cable division to $873 million; a 12% increase at its Media division to $440 million; and an 8% increase its Business Solutions...
 

Our industry and COVID-19

We've gathered a number of links where Canadian cable, radio, television, telecom and wireless companies have posted their responses to the Covid-19 pandemic.