Strong execution in Wireless, Cable, and Media deliver solid operational improvements despite continued pandemic lockdown environment
Expanded Wireless adjusted EBITDA service margin by 310 basis points; strong Wireless postpaid net subscriber additions of 44,000
Monthly postpaid churn of 0.88%, improved 5 basis points
Service revenue down 6% and adjusted EBITDA down 1%
Increased Cable service revenue by 5%; grew adjusted EBITDA by 8%
Adjusted EBITDA margin up 110 basis points; capital intensity at 21%
Grew Media revenue by 7%, adjusted EBITDA improved by 31%, reflecting the return of live professional sports broadcasting
Continued expanding wireless service to more rural and underserved communities and providing 5G services to 173 communities across the country
TORONTO, April 21, 2021 (GLOBE NEWSWIRE) Rogers Communications Inc. today announced its unaudited financial and operating results for the first quarter ended March 31, 2021.
We will continue to work around the clock with our network partner Ericsson until that happens.
Chief technology officer Jorge Fernandes had said in a message on the company s website earlier that the company s TV, home and business wireline internet, and home phone services were not impacted.
The intermittent wireless service issues left Rogers customers without phone or texting services beginning early Monday, with broad economic ramifications across Canada, experts said. It s a very big deal, said Tyler Chamberlin, assistant professor at the Telfer School of Management at the University of Ottawa. It can have very big consequences on our economy.
Most actively traded companies on the Toronto Stock Exchange
by The Canadian Press
Last Updated Apr 19, 2021 at 6:41 pm EDT
TORONTO Some of the most active companies traded Monday on the Toronto Stock Exchange:
Toronto Stock Exchange (19,204.42, down 146.90 points.)
Enbridge Inc. (TSX:ENB). Energy. Up 19 cents, or 0.41 per cent, to $46.82 on 19.3 million shares.
Bombardier Inc. (TSX:BBD.B). Industrials. Up five cents, or 5.62 per cent, to 94 cents on 9.3 million shares.
Royal Bank of Canada. (TSX:RY). Financials. Down 54 cents, or 0.46 per cent, to $117.95 on 8.5 million shares.
Gear Energy Ltd. (TSX:GXE). Energy. Up half a cent, or one per cent, to 50 cents on 6.6 million shares.
April 19, 2021 - 3:35 PM
TORONTO - Some of the most active companies traded Monday on the Toronto Stock Exchange:
Toronto Stock Exchange (19,204.42, down 146.90 points.)
Enbridge Inc. (TSX:ENB). Energy. Up 19 cents, or 0.41 per cent, to $46.82 on 19.3 million shares.
Bombardier Inc. (TSX:BBD.B). Industrials. Up five cents, or 5.62 per cent, to 94 cents on 9.3 million shares.
Royal Bank of Canada. (TSX:RY). Financials. Down 54 cents, or 0.46 per cent, to $117.95 on 8.5 million shares.
Gear Energy Ltd. (TSX:GXE). Energy. Up half a cent, or one per cent, to 50 cents on 6.6 million shares.
Manulife Financial Corp. (TSX:MFC). Financials. Up 10 cents, or 0.37 per cent, to $27.07 on 5.7 million shares.
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