|Bid||65.51 x 0|
|Ask||67.17 x 0|
|Day's Range||65.51 - 66.30|
|52 Week Range||61.00 - 74.15|
|Beta (5Y Monthly)||0.27|
|PE Ratio (TTM)||16.47|
|Forward Dividend & Yield||2.00 (3.09%)|
|Ex-Dividend Date||Dec. 08, 2019|
|1y Target Est||N/A|
Rogers Communications (RCI-B.TO)(RCI) is rolling out 5G wireless networks in various downtown markets across Canada and a telecom equity analyst expects once the rollout is consumer-ready, more Canadians will upgrade their phone plans to take advantage of faster speeds.
Rogers Communications Inc said on Wednesday it has started rolling out the fifth-generation (5G) telecoms network in some Canadian cities, becoming the country's first cellphone provider to offer the super-fast telecom services. Rogers, one of Canada's largest wireless carriers, will launch first in downtown Vancouver, Toronto, Ottawa, and Montreal, before expanding into over 20 more markets by the end of the year, in advance of 5G-enabled devices becoming available this year, the statement added. The 5G networks will have speeds fast enough to download a movie to a smartphone in seconds, while allowing businesses to run 'smart' factories using connected robots, devices and sensors.
Rogers announced it is starting to roll out Canada’s first 5G network in downtown Vancouver, Toronto, Ottawa and Montreal so it is ready when 5G devices become available this year. The Rogers 5G network will expand to over 20 more markets by the end of the year.
The 5G Future Forum will collaborate to develop interoperable 5G specifications across key geographic regions, including the Americas, Asia-Pacific and Europe. The Forum’s founding members are América Móvil, KT, Rogers, Telstra, Verizon and Vodafone.
Looking ahead, several factors might still limit wholesale carriers from greatly penetrating the market share, industry leaders say.
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Rogers Communications Inc. plans to release its fourth quarter and full year 2019 financial results on Wednesday, January 22, 2020 before North American financial markets open. Alternatively, the teleconference can be accessed by dialing 416-915-3239 (1-800-319-4610 toll free for North America) at least ten minutes prior to the scheduled start time and requesting access to Rogers’ fourth quarter 2019 results teleconference. In addition, a telephonic re-broadcast will be available for two weeks by dialing 604-638-9010 (1-800-319-6413 toll free for North America) and providing the access code 3927.
Rogers Communications and the University of Waterloo today announced a three-year, multi-million dollar partnership agreement to advance 5G research in the Toronto-Waterloo tech corridor. Together they will create the first 5G smart campus in central Canada. “We are incredibly proud to partner with the University of Waterloo to bring the very best in 5G research and innovation to Canada and Canadians,” said Joe Natale, President and Chief Executive Officer, Rogers Communications.
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Rogers Communications Inc (TSX:RCI.B)(NYSE:RCI) and these two other dividend stocks could be bargain buys for investors looking for some recurring income.
Rogers Communications will open its new state-of-the-art flagship retail experience, Rogers 302, on December 12. Located in the heart of downtown Toronto, the 9,000 square foot space will provide an unrivaled in-store experience, unlike any other across the Rogers retail footprint. Rogers 302 will showcase the latest wireless, connected home technology, and media content for consumers and businesses.
Enbridge (TSX:ENB)(NYSE:ENB), Rogers Communications (TSX:RCI.B)(NYSE:RCI), and Equitable Group (TSX:EQB) are poised to grow their payouts in a big way.
Hated companies -- like Rogers Communications (TSX:RCI.B)(NYSE:RCI) and Bank of Montreal (TSX:BMO)(NYSE:BMO) -- can actually make excellent investments. Here's why.
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Worried about a recession? Sleep better by owning boring stocks like Rogers Communications (TSX:RCI.B)(NYSE:RCI) and Empire Company (TSX:EMP.A).