Cable & Telecom

Rogers ready for “change” after soft Q1 results

TORONTO – While there were some bright spots during Rogers Communications first quarter, they weren’t enough to make up for weaker results than what Bay Street was expecting.While wireless adjusted operating profit increased 3%, margin grew to 48.3% and postpaid churn declined to 1.20%, revenue dropped by 2%, the company reported today for the three month period ended March 31st.According to the company’s release, “consolidated operating revenue was nominally lower than the first quarter of 2013, reflecting a 2% decline in wireless revenue, offset by growth at business solutions (up 1%) and media (up 8%). The decline at wireless was...
 

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.