Rogers Posts Strong Revenue on Growth in Wireless, Media Businesses

Rogers Posts Strong Revenue on Growth in Wireless, Media Businesses
The Rogers Communications Inc. sign at the company's headquarters in Toronto on April 25, 2012. The Canadian Press/Aaron Vincent Elkaim
The Canadian Press
Updated:
0:00

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.