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Canada's Rogers Communications beats quarterly revenue estimates

Canada's Rogers Communications beats quarterly revenue estimates
Canada's Rogers Communications beats quarterly revenue estimates   -   Copyright  Thomson Reuters 2021
By Reuters

– Canada’s Rogers Communications Inc on Wednesday reported second-quarter revenue that beat analysts’ estimates, as its cable business benefited from a COVID-driven shift to remote work and entertainment.

The telecom operator’s total revenue rose to C$3.58 billion ($2.82 billion) in the quarter ended June 30, compared with analysts’ average estimates of C$3.56 billion, according to IBES data from Refinitiv.

($1 = 1.2686 Canadian dollars)