Rogers reports 6% increase in revenue

Expects Shaw transaction to close in first half of 2022 TORONTO – Rogers Communications Inc. today reported its total revenue is up 6% to $3.9 billion for the quarter ended Dec. 31 compared to the same quarter the previous year. Broken down by segment, wireless revenue increased 5% to $2.4 billion, media revenue increased 26% to $516 million and cable revenue was flat at $1 billion for the company’s fourth quarter of 2021. For wireless, service revenue was up 6% to $1.7 billion and equipment revenue was up 4% to $680 million. Rogers reported 130,000 net postpaid wireless subscriber additions...