Cable / Telecom News

Rogers’ wireless division – including 122,000 new postpaid wireless subs – drive “strong” Q2

TORONTO – “Exceptional” results at Rogers Communications’ wireless division helped to boost revenues and profits during its second quarter, the company said Thursday.Rogers posted a profit of $538 million for the three months ended June 30, up 2% from $528 million in the same period a year ago.  The Toronto-based company said that both net income and adjusted net income (which grew 12% to $554 million), increased this quarter as a result of higher adjusted EBITDA, which was partially offset by the higher associated income taxes. Growth in net income was lower as 2017 net income included a gain on...