Cable & Telecom

Wireless, Media power 40% jump in Q3 profits at Rogers

TORONTO – Rogers Communications credited the Toronto Blue Jays’ winning ways for helping to drive up third quarter profits by 40%.Rogers said Thursday that operating revenue for the period ended September 30, 2015 totalled $3.38 billion, up 4% from $3.25 billion year-over-year, while net income was $464 million, up from $332 million.  On an adjusted basis, net income rose 17% from $405 million in the third quarter of 2014 to $472 million.Consolidated revenue increased 4% this quarter, reflecting revenue growth of 5% in Wireless, 1% in Cable, and 8% in Media. Wireless revenue increased on greater smartphone sales and higher...

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.