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Research Alert: Rogers Beats Expectations, Raises Its Service Revenue Guidance
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Research Alert: Rogers Beats Expectations, Raises Its Service Revenue Guidance
Jul 23, 2025 7:35 AM

10:20 AM EDT, 07/23/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

Rogers delivered mixed Q2 2025 results with revenue growing 2% to $5,216M while net income plummeted 62% to $148M due to higher restructuring and acquisition costs. The Wireless segment, contributing $2,540M in revenue (up 3%), faced headwinds with postpaid mobile phone net additions declining to 35,000 from 112,000 in the prior-year period, reflecting intense competition and slowing subscriber growth. The Media segment provided a bright spot with 10% revenue growth to $808M, driven by higher sports-related revenue and new channel launches, while Cable service revenue grew 1% to $1,961M with 26,000 retail Internet subscriber additions. Rogers updated its 2025 guidance, raising the total service revenue growth forecast while maintaining adjusted EBITDA and free cash flow projections. The company continues to face ongoing competitive pressures in the wireless market but remains focused on network expansion and new technology investments to defend its market position.

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