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Rogers' quarterly revenue takes hit from downbeat wireless subscriber growth
Canada's Rogers Communications missed third-quarter revenue estimates on Thursday as lower-than-expected wireless subscribers additions offset its higher sports-related revenue, sending its shares down nearly 3%.
Canada's Rogers Misses Estimates for Quarterly Subscriber Additions
(Reuters) - Canada's Rogers Communications missed market expectations for third-quarter wireless subscriber additions on Thursday, hit by cautious spending on its mobile plans and stiff competition in the telecom space.
Rogers’ subscriber growth hit by slowdown in newcomers to Canada
Rogers reported adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $2.55 billion for the third quarter, up six per cent from 2023. It said the increase was a result of synergies associated to its acquisition of Shaw Communications Inc. as well as ongoing cost efficiencies.
Canada's Rogers falls short of subscriber estimates on slower demand, competition
Canada's Rogers Communications on Thursday missed market expectations for third-quarter wireless subscriber additions, hit by cautious spending on its mobile plans and stiff competition in the telecom space.
Rogers Communications Shares Fall as 3Q Revenue Takes Hit from Drop in Mobile Subscribers
This time last year, Rogers reported 279,000 new subscribers to its services. The main difference this quarter were the mobile phone connection additions, which were down signific
Rogers Communications reports $526M third-quarter profit, up from loss a year ago
TORONTO — Rogers Communications Inc. reported a third-quarter profit of $526 million compared with a loss a year ago.
1d
on MSN
AT&T exceeds wireless subscriber estimates on demand for premium plans
AT&T gained more wireless subscribers than expected in the third quarter, driven by the steady adoption of its higher-tier ...
2d
Verizon Q3 Earnings: Wireless Subs Boost with 5G Offers, $1.7B Severance Charge Hit To Profit, Reiterates Annual Outlook
Verizon stock traded lower on Tuesday after reporting Q3 results, with sales down year over year and missing analyst ...
2d
Verizon updates broadbrand strategy with new fixed wireless subscriber goals
Communications announced an update to its broadband strategy, with new fixed wireless subscriber goals, household targets and ...
1d
on MSN
T-Mobile beats estimates for wireless subscriber additions, fueled by demand for premium plans
By Juby Babu (Reuters) -T-Mobile US on Wednesday exceeded expectations for quarterly wireless subscriber additions as more ...
Dunya News
2d
Verizon's flexible 5G plans boost wireless subscriber additions
With the US wireless market nearing saturation, Verizon and its rivals have been looking to expand their high-speed broadband ...
5h
Fixed wireless access users go past FTTH, consume 600 GB data a month
Telcos report that FTTH services, which are more stable and offer higher speeds, have seen monthly consumption per subscriber ...
21h
Business news Oct 23 highlights: AT&T exceeds wireless subscriber estimates on demand for pricey unlimited plans
The meeting's agenda includes verbal evidence of representatives of the finance ministry and the SEBI as part of the committee's decision to go for the "performance review of regulatory bodies ...
1d
AT&T exceeds quarterly wireless subscriber estimates on demand for premium plans
AT&T said on Wednesday it had added 403,000 net monthly bill-paying wireless phone subscribers in the July-September period, ...
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