Cable & Telecom

Rogers CEO Laurence has no comment on the Loch Ness Monster while discussing company’s Q2

TORONTO - Though he was just coming off an announcement of hundreds of management layoffs, and numbers showing a 24% drop in net income, fewer cable TV subscribers and flat revenue, Rogers CEO Guy Laurence put an optimistic face on his company’s financial outlook on Thursday.Wireless, by far the biggest contributor to Rogers’s bottom line, saw a 1% drop in revenue, which the company attributed largely to its new simplified plans (bundling in fees like voicemail and caller ID) and changes like lower-priced roaming plans (as it did three months ago). But the drop in prices is being offset by...
 

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.