Rogers Cable

News Summary:

On September 17, 2026, Rogers, Telus, and Bell publicly supported Ottawa’s plan to construct a new nationwide internet network, designed to keep more Canadian data traffic under domestic control, as announced by Prime Minister Mark Carney in Toronto. Earlier the same day, Rogers Communications Inc. reported its Q2 2026 results, showing consolidated service revenue growth of 8% and adjusted EBITDA growth of 3%. Despite these gains, the company recorded a net loss of $665 million for the quarter, contrasting with a net income of $148 million in Q2 2025. Revenue for the quarter reached $5,615 million, up from $5,216 million year-over-year, while adjusted EBITDA increased to $2,442 million from $2,362 million. Free cash flow, however, declined to $982 million from $925 million. Rogers also finalized its sports monetization strategy by agreeing to purchase the remaining 25% minority stake in MLSE. This followed Q1 2026 results, which saw total service revenue increase 10% to $4,912 million and adjusted EBITDA grow 5% to $2,364 million, alongside strong free cash flow of $776 million, up 32% year-over-year. Previously, Rogers reported strong Q4 and full-year 2025 financial and operating results, including $21.7 billion in full-year revenue and $9.8 billion in Adjusted EBITDA. For 2026, Rogers projected service revenue growth of 3% to 5% and EBITDA growth of 1% to 3%.