Cable & Telecom

Rogers reports most new wireless postpaid subs in 13 years

Executive oversight committee created to deal with ongoing conflict TORONTO – Rogers Communications reported its third quarter financial results this morning as the company attempts to put its house back in order after reports made an ongoing power struggle public. Overall, for the quarter ending Sept. 30, Rogers reported adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) was down 2% to $1.6 billion from Q3 2020 and net income was down 4% to $490 million. Revenue was virtually unchanged from Q3 2020, at $3.6 billion. Wireless performed well during Q3. Rogers reported 175,000 wireless postpaid net subscriber additions, “our...

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.