macro

Rogers: lower capex lifts free cash flow as growth holds steady

Rogers' Q3 service revenue and adjusted EBITDA rose 1%, while free cash flow jumped 65% to about CAD 1.4 billion as capex fell 46%, per TradingView.

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what happened

Rogers reported that its third-quarter service revenue and adjusted EBITDA grew 1%, according to TradingView. Free cash flow climbed 65% to roughly CAD 1.4 billion, helped by a 46% drop in capital expenditures.

The company reaffirmed its fiscal 2026 guidance. It also targets a sale of a minority stake in its sports and media assets during the first half of 2027.

why it matters

For investors, the combination of lower capex and higher free cash flow widens the company's room for shareholder payouts and debt reduction. The reaffirmed guidance reduces uncertainty, while monetizing sports assets could add another source of funding. For the Canadian telecom sector, it signals a shift in priorities from investment toward cash returns.

market impact

Rogers shares and Canadian telecoms: stronger cash flow supports the company's valuation

tags

instruments

RCI.ATSXRogers Communications

sources

  1. RCI.A: Lower capex lifted free cash flow as growth held and sports monetization advanced — TradingView, 23 October 2026 at 14:14 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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