Report
Alex Zhao
EUR 147.86 For Business Accounts Only

Rogers Sees Continued Wireless Strength and Guides for a Promising 2017; Shares Remain Overvalued

Rogers Communications delivered another strong performance in the fourth quarter, with total revenue up 2% year over year on top of slight improvement in margin. The wireless business continued to impress, with a net postpaid wireless customer gain of 93,000, far higher than the 31,000 gain last year, as the firm lapped over a weak comparable quarter in 2015 due to “double cohort.” Management now plans to launch its IP TV product in early 2018. As such, we expect Rogers’ cable TV business to con...
Underlying
Rogers Communications Inc. Class B

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.

Provider
Morningstar
Morningstar

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.

We have operations in 27 countries.

Analysts
Alex Zhao

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