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Canada’s Rogers misses estimates for quarterly subscriber additions

By Thomson Reuters Oct 24, 2024 | 6:11 AM

(Reuters) – Canada’s Rogers Communications missed market expectations for third-quarter wireless subscriber additions on Thursday, hit by cautious spending on its mobile plans and stiff competition in the telecom space.

The company added 101,000 monthly bill-paying wireless phone subscribers in the third quarter, compared with estimates of 129,040, according to analysts polled by Visible Alpha.

(Reporting by Zaheer Kachwala in Bengaluru; Editing by Shailesh Kuber)