Cable / Telecom News

Rogers Q3 revenue rises 2%, driven by strong wireless, media results

TORONTO — Rogers Communications today announced its financial results for the third quarter that ended Sept. 30, reporting its total revenue rose 2% to $3.74 billion compared to the same quarter of 2021. The increase was attributed to strong performance in the company’s wireless and media segments. Rogers’ Q3 results included $150 million in customer credits paid out to compensate for its July network outage that affected both its wireless and wireline services. Excluding those customer credits, Rogers says its total revenue in Q3 2022 rose 6% compared to Q3 2021. Total service revenue for the company increased 3% to...