Cable / Telecom News

Rogers reports Q2 2022 results, commits to investing in network reliability

TORONTO — Rogers Communications today reported its financial results for the second quarter of 2022, while also announcing the outside date for its proposed merger with Shaw Communications has been extended to Dec. 31, 2022. In addition, when releasing its results for the second quarter, the company announced the estimated cost of compensating its customers for its recent nationwide network outage is $150 million. These customer credits will be included in Rogers’ third quarter 2022 operating results, according to a press release announcing the company’s Q2 2022 results. Rogers also plans “to spend more on our wireless and wireline networks...