Wireless gains drive up Rogers’ Q1 profits by 28%

TORONTO – An influx of new wireless customers helped to power first quarter profits and revenues at Rogers Communications, the company announced late Tuesday.For the period ended March 31, 2017, net income of $294 million jumped 28% from $230 million in the same period last year, while adjusted net income increased 34% from $245 million to $329 million as a result of higher Wireless and Media adjusted operating profit, along with lower depreciation and amortization.Consolidated revenue increased 3% this quarter to $3.34 billion, largely driven by Wireless service revenue growth of 7%. Wireless service revenue increased primarily as a result of...