Rogers Communications Inc. Cl B (RCI) News
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Latest RCI News From Around the Web
Below are the latest news stories about ROGERS COMMUNICATIONS INC that investors may wish to consider to help them evaluate RCI as an investment opportunity.
Rogers Communications sees FY24 total service revenue growth just over 7%For the full year 2024, Rogers expects annual consolidated service revenue growth just over 7%, compared to its guidance range of 8%-10% issued in February of 2024, driven by weakness in media revenue during the fourth quarter. All other guidance items remain unchanged. “Media revenue in the fourth quarter was softer than expected affecting our revenue target for the year,” said Tony Staffieri, President and CEO. “Overall, we continued with industry-leading execution throughout the year and look |
Rogers Communications Revises 2024 Revenue Outlook: Media Weakness Takes A TollRogers Communication, Inc. (NYSE:RCI) shares are trading relatively flat on Friday. The company is set to release these details on Thursday, January 30, 2025, before the markets open. For the full year 2024, Rogers now expects annual consolidated service revenue growth just over 7%, compared to its guidance range of 8% – 10% issued in February of 2024, driven by weakness in media revenue during the fourth quarter. All other guidance items remain unchanged. Tony Staffieri, President and CEO of Ro |
Rogers Communications Notice for 4Q24 Results Teleconference January 30, 2025, at 8:00 A.M. ETProvides Update on 2024 Service Revenue GuidanceTORONTO, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX: RCI.A and RCI.B) (NYSE: RCI) today issued a notice for its fourth quarter financial results and provided an update on its 2024 service revenue guidance. Fourth quarter financial results and 2025 outlookThe company plans to release its fourth quarter financial results and outlook for 2025 on Thursday, January 30, 2025, before North American financial markets open. The result |
Rogers Communications Inc. (TSE:RCI.B) is largely controlled by institutional shareholders who own 48% of the companyKey Insights Institutions' substantial holdings in Rogers Communications implies that they have significant influence... |
Zacks Industry Outlook Highlights Comcast, Charter Communications and Rogers CommunicationComcast, Charter Communications and Rogers Communication are part of the Zacks Industry Outlook article. |
Canada regulator sues Rogers for allegedly misleading claims about dataOTTAWA (Reuters) -Canada's antitrust regulator said on Monday it was suing Rogers Communications Inc for allegedly misleading consumers about offering unlimited data under some phone plans. The Competition Bureau, in a statement, said Rogers' advertisements created a "false or misleading impression" that its phone plans provided consumers with limitless data. Rogers said it disagreed with the bureau's assessment of its phone plans, which were introduced in 2019, adding the company would fight the claims. |
3 Stocks to Watch From a Prospering Cable Television IndustryZacks Cable Television industry participants like CMCSA, CHTR and RCI are benefiting from growing demand for high-speed Internet and increased media consumption amid cord-cutting. |
Rogers Provides Update on Its Acquisition of Bell’s 37.5% Stake in MLSETORONTO, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Rogers Communications (TSX: RCI.A and RCI.B) (NYSE: RCI) today announced it has received clearance from the Competition Bureau to proceed with the acquisition of Bell’s 37.5% stake in Maple Leaf Sports & Entertainment. Rogers and Bell received a "no-action letter" on December 12, 2024, from the Bureau, indicating that the Commissioner of Competition does not intend to challenge Rogers acquisition of Bell’s interest in MLSE. The deal is subject to league |
Rogers Charity Classic Sets New Fundraising Record$25.4 Million Raised for Children’s Charities at 2024 tournament CALGARY, Alberta, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Rogers Charity Classic announced today that the 12th annual tournament raised a record-breaking $25.4 million to support children’s charities across Alberta. The staggering amount surpasses last year’s fundraising total by more than $6 million and brings the total raised since the tournament’s inception to $137.7 million. “We are proud to make a positive impact on more children an |
Rogers Xfinity introduces Storm-Ready WiFiLaunches Canada’s first home internet back-up solution Delivers stronger every-day WiFi coverage in hard-to-reach corners of the home TORONTO, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Rogers today announced the launch of Rogers Xfinity Storm-Ready WiFi, an innovative new product designed to keep customers connected when there is an outage. Rogers Xfinity Storm-Ready WiFi brings Rogers advanced network technology together with a device that automatically switches to a cellular backup connection when the |