Rogers Communications reported a 1% increase in total service revenue and adjusted EBITDA for Q3 2026, alongside a record free cash flow of $1.4 billion. The company completed full ownership of Maple Leaf Sports & Entertainment (MLSE) and plans to sell a minority stake in its sports and media assets to reduce debt. Wireless revenue dipped slightly due to competitive pressures, but margins improved, while Media revenue rose 9%, boosted by strong sports attendance. Rogers reaffirmed its 2026 financial outlook and aims to further deleverage by mid-2027.
Rogers Communications' Q3 2026 results provide context for media sector performance. For readers following the media sector, here is Pluang's market snapshot as of Oct 23, 2026 18:02 WIB: Of 58 priced US media stocks, 15 rose and 39 fell. Notable prices include DoorDash Inc (DASH) at USD 184.38 with a 1-day change of -0.84%, Walt Disney Co (DIS) at USD 112.29 with 99% sell order activity, and Meta Platforms Inc (META) at USD 644.12 with a 48% sell / 52% buy split.
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