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Rogers Exceeds Expectations with Q4 2025 Revenue

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  Published in Media and Entertainment on Thursday, January 29th 2026 at 9:16 GMT by reuters.com
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Toronto, ON - January 29th, 2026 - Rogers Communications Inc. (RCI.TO) has kicked off 2026 with a promising start, announcing fourth-quarter revenue for 2025 that exceeded analyst expectations. The Canadian telecommunications leader reported total revenue of C$12.38 billion (approximately $9.13 billion USD), surpassing the Refinitiv consensus estimate of C$12.18 billion. This performance underscores the company's continued strength in a fiercely competitive landscape.

The positive results are largely attributed to sustained demand for both Rogers' wireless and cable services, coupled with the fruits of its substantial investments in next-generation network infrastructure - particularly its 5G rollout. Rogers has been aggressively expanding its 5G coverage across Canada, aiming to provide faster speeds and more reliable connectivity to its growing customer base. This investment, while significant, appears to be paying dividends, driving subscriber growth and increasing the average revenue generated per user.

While the headline figures are positive, Rogers operates within a tightly regulated and highly competitive market. Rivals BCE Inc. (BCE.TO) and Telus Corp (T.TO) are also heavily invested in 5G and fiber optic infrastructure, constantly vying for market share. This competition necessitates continuous innovation and strategic pricing to retain and attract customers. The Canadian Radio-television and Telecommunications Commission (CRTC) also maintains a watchful eye on the industry, ensuring fair competition and consumer protection. Rogers has previously faced regulatory scrutiny, particularly following service disruptions, emphasizing the importance of network reliability and resilience.

Chief Executive Tony Staffieri, in a statement released alongside the earnings report, highlighted the company's positive trajectory. "We are pleased with our performance in 2025 and remain focused on executing our strategic priorities to deliver value for our customers and shareholders," Staffieri stated. This statement signals a commitment to a long-term strategy centered on network leadership, customer experience, and sustainable growth.

The increase in wireless service revenue is a key indicator of Rogers' success. The company has successfully attracted new subscribers while also managing to increase the revenue earned from existing customers. This likely results from a combination of factors, including attractive bundled service offerings, the appeal of 5G technology, and effective customer retention programs.

Similarly, the boost in cable revenue suggests that Rogers remains a significant player in the home entertainment market, despite the rise of streaming services. The company has been investing in its cable infrastructure to offer enhanced features, such as higher internet speeds and improved television experiences. This allows Rogers to compete effectively against over-the-top (OTT) streaming providers and maintain its position as a leading provider of home communications services.

The company's stock saw a modest increase in morning trading on the Toronto Stock Exchange following the announcement, reflecting investor confidence in its performance and future prospects. Analysts will be closely watching Rogers' future earnings reports to assess its ability to maintain this momentum and navigate the evolving telecommunications landscape. Key areas of focus will include its 5G rollout progress, its competitive positioning against BCE and Telus, and its ability to manage regulatory challenges. The continued growth in both wireless and cable revenue will be crucial indicators of its long-term success. Rogers' ability to innovate and adapt to changing consumer demands will be paramount in maintaining its leadership position in the Canadian telecommunications market.