Rogers Communications (RCI)
by Zacks Equity ResearchOctober 05, 2012 | Comments : 0 Recommended this article: (0)
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As of now, Rogers expanded its super-fast LTE network to 60% of Canada. Management has aimed to achieve a 100% foothold in the country by the end of 2013. Deployment of LTE network has resulted in a 80% year-over-year increase of Internet usage by its subscribers.
Growing demand for mobile data and huge activation numbers of the latest smartphones will pave the way for Rogers' future growth. The strategic decision taken by management to diversify in the mobile banking segment will also open up an additional revenue stream for the company.
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