The Canada Brief

Economy · 12 d ago

Rogers Centre, Toronto

Taxiarchos228 · CC BY-SA 3.0 de · Wikimedia Commons

Rogers posts a $482-million third-quarter profit as revenue edges up two per cent

Third-quarter profit

482 $ million

The profit works out to 88 cents a share on revenue of $5.44 billion, up from $5.35 billion a year earlier.

Year earlier

$56.70 per user

This quarter

$55.22 per user

Wireless service revenue fell one per cent, and the average monthly revenue per mobile user slipped to $55.22 from $56.70.

And us?

The CRTC is reviewing whether Rogers, Bell and Telus broke its June ban on setup fees, including a $40 device setup fee and a $25 shipping charge at Rogers.

Rogers finished buying the last 25 per cent of MLSE this month for $4.35 billion. It aims to sell a minority stake in its sports and media assets in the first half of 2027.