Rogers (RCI) lifts Q3 free cash flow 65% as capital spending nearly halves and phone additions stall
Rogers Communications Inc. (RCI) grew third quarter revenue 2%, but most of its free cash flow gain came from lower capital spending while postpaid phone net additions fell to 6,000. Rogers Communications Inc. (RCI) produced C$1.37 billion of free cash flow (cash left after operating costs and capital spending) in the third quarter. That is 65% more than the C$829 million it generated a year...
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