Overview
- Rogers reported fourth-quarter revenue of C$6.17 billion, topping the C$5.98 billion analyst estimate compiled by LSEG.
- Media revenue jumped 126% to about C$1.24 billion, driven by the Toronto Blue Jays’ playoff run and higher advertising and subscriber gains tied to Warner Bros. Discovery channels.
- Profit attributable to shareholders rose to $743 million, or $1.37 per diluted share, while free cash flow increased 16% to C$1 billion.
- Core telecom trends remained soft, with just 39,000 net wireless additions and average revenue per user down 2.8% year over year.
- The company reiterated its right to buy the remaining 25% of MLSE in July 2026 and outlined plans to monetize sports assets, which the CFO values around $20 billion, to help reduce roughly $35.8 billion of long-term debt.