Rogers Communications Inc. missed expectations for first-quarter revenue and profit as wireless subscriber additions slowed on the lack of new iconic smartphones and subdued mobile data promotions after the busy holiday season. Rogers president and CEO Joe Natale at the company's annual general meeting in Toronto on Thursday. ( Chris Young / THE CANADIAN PRESS )Rogers reported 23,000 net wireless contract additions in the period ended March 31. Factoring out baseball-related transactions, Rogers said its net income would have been up 10 per cent from last year and adjusted net income would have been stable. With a file from The Canadian Press Michael Lewis is a Toronto-based reporter covering business.
Source: thestar April 18, 2019 17:59 UTC