Cable / Telecom News

Rogers keeps growing through Q2

TORONTO – Rogers Communications share price dipped somewhat today as the company missed analysts expectations, but overall, the wireless, telecom, cable and media company turned in a solid second quarter of 2008, ended June 30, 2008. Highlights of the second quarter of 2008 (taken right from the RCI press release) include the following: * Generated continued double-digit growth in quarterly revenue and adjusted operating profit of 11% and 17%, respectively, while net income increased to $301 million (or to $364 million on an adjusted basis), and adjusted operating profit less interest expense and PP&E additions rose 20% to $475 million....