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Rogers Comm Cl A ( ($TSE:RCI.A) ) has provided an update.
Rogers Communications reported strong financial performance for 2024 with over $20 billion in annual revenue, driven by significant growth in wireless and internet services. The company led Canadian carriers in mobile and internet net additions, reflecting robust market demand despite competitive pressures. The year concluded with a third consecutive period of industry-leading performance, marked by a 7% increase in service revenue and 12% growth in adjusted EBITDA. Looking ahead to 2025, Rogers anticipates continued growth and expansion efforts, with strategic investments in their network and technology partnerships to enhance resilience and service quality.
More about Rogers Comm Cl A
Rogers Communications Inc. is a leading Canadian telecommunications company providing wireless, cable, and media services. It focuses on expanding its 5G network and enhancing its service offerings to maintain its position as a top choice for Canadian customers.
YTD Price Performance: -0.31%
Average Trading Volume: 2,196
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$22.82B
For a thorough assessment of RCI.A stock, go to TipRanks’ Stock Analysis page.