Solid demand for cable unit boosts Rogers Communications’ revenue

Rogers Communications Inc on Wednesday reported first-quarter revenue that trumped analysts’ estimates, as demand for its cable unit, which include internet and cloud-based services, helped boost the Canadian telecom operator’s sales.

The company’s total revenue rose to C$3.49 billion ($2.77 billion) in the quarter, compared with analysts’ average estimates of C$3.35 billion, according to IBES data from Refinitiv.