Canada's Rogers posts strong revenue on growth in wireless, media businesses


FILE PHOTO: The Rogers Building, the green-topped corporate campus of Canadian media conglomerate Rogers Communications is seen in downtown Toronto, Ontario, Canada July 9, 2022. REUTERS/Chris Helgren

(Reuters) -Canada's Rogers Communications Inc on Wednesday beat quarterly revenue estimates as the wireless carrier benefited from higher roaming charges and demand for pricier plans, while its media business got a boost from a rebound in live sporting events.

The company added 164,000 monthly bill paying wireless phone subscribers in the third quarter despite decades-high inflation in Canada, indicating robust demand for its 5G services. In the last quarter, it added 122,000 users.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

Video game bosses gather at ‘darkest hour’ for industry
Amazon donating $1 million to Trump inaugural fund, to air event on Prime Video
Apple crowns the best App Store apps of 2024
Major new features expected on the next-generation Apple Watch
Meta releases AI model to enhance Metaverse experience
Google unveils latest AI model, Gemini 2.0
Canada proposed $15 billion incentive to boost AI green data centre investment, Globe and Mail reports
Factbox-How Trump's new FTC chair views AI, Big Tech
Texas probes tech platforms over safety and privacy of minors
Broadcom forecasts Q1 revenue above estimates on strong AI chip demand

Others Also Read