Rogers Reports Robust Wireless Growth With Record-Low Churn; Raising FVE to CAD 52
Rogers' wireless operations continued to deliver impressive results in the second quarter and exceeded our expectations. This was driven by strong net postpaid customer gains (93,000 gain versus 65,000 a year ago), the firm’s lowest customer churn since 2009 (1.05% versus 1.16% last year and 1.10% last quarter), and solid growth in wireless average revenue per user. We are substantially lifting our revenue and margin projections for Rogers’ wireless operations over the next few years, as we see ...Rogers Communications is a holding company operating as a communications and media company. Co. has four segments: Wireless, which provides wireless telecommunications operations; Cable, which provides cable telecommunications, including internet, television, and telephony services; Business Solutions, which provides network connectivity through its fibre network and data centre assets to support voice, data, networking, hosting, and cloud-based services for businesses, governments, and other telecommunications providers; and Media, which consist of media properties, including television and radio broadcasting, shopping, publishing, sports media and entertainment, and digital media.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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