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Rogers Communications reports Q2 adjusted EPS C$1.14 vs. C$1.16 last year

Reports Q2 revenue C$5.2B vs. C$5.09B last year. Added 61,000 total mobile phone net subscriber additions, including 35,000 postpaid; Postpaid churn of 1.00%, down 7 basis points; mobile phone blended ARPU of $55.45; Strong retail Internet net additions of 26,000. “In the second quarter, Rogers reported strong financial performance delivering growth in Wireless, Cable, and Media,” said Tony Staffieri, President and CEO. “Combined with our team’s strong execution, we took meaningful steps to unlock value for shareholders by accelerating the deleveraging of our balance sheet and making our transformational investment in our world-class sports assets.”

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