2024-07-02 23:42:30 ET
Summary
- Rogers Communications is a major telecommunications company in Canada with a large customer base and a dominant market position.
- RCI operates in a regulated industry, which limits competition but also requires investment in underserved areas.
- The combination of business improvements, an improving outlook, and a 20% drop in shares indicates the worst may be behind the company.
- APRU growth, margin expansion, and higher than expected synergies being realized are reasons to be bullish, but the capex and leverage concerns persist.
Introduction
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For further details see:
Rogers Communications: Improving Outlook And Progress On Shaw Integration (Upgrade)