Wireless, cable growth drive Q3 profits at Rogers

TORONTO – Led by gains in its wireless and cable division, Rogers Communications saw third quarter profits jump 17%, the company said Friday.Rogers posted net income of $594 million for the three months ended September 30, up from $508 million in the same period a year ago. The Toronto-based company said that net income and adjusted net income increased this quarter by 17% and 13%, respectively, as a result of higher adjusted EBITDA, partially offset by the higher associated income tax expense and higher depreciation and amortization.Total revenue increased 3% to $3.77 billion this quarter, largely driven by Wireless service...