Rogers Communications reported a significant Q4 profit jump to $558 million, up from $328 million last year.

Rogers Communications reported a significant rise in Q4 profit to $558 million, up from $328 million the previous year, with total revenue at $5.5 billion. Wireless service revenue increased by 2%, and media revenue rose by 10%, while cable revenues stayed stable. The company added 69,000 postpaid mobile phone subscribers, down from 184,000 the prior year, amid fierce competition in Canada's wireless market. Rogers anticipates single-digit growth in revenue and EBITDA for 2025, along with $3.8 to $4.0 billion in capital expenditures and $3.0 to $3.2 billion in free cash flow.

2 months ago
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