Rogers Communications finishes rollout of 5G stand-alone network core

November 18, 2021

Rogers Communications (RCI) says it's finished the rollout of Canada's first national stand-alone 5G network core, and certified its first 5G stand-alone device certification.

Alphabet 's new Pixel 6 and Pixel 6 Pro devices are the first 5G stand-alone devices certified for use in Canada, and eligible customers will connect automatically to the new network where it has been rolled out in the next few months.

The company is deploying stand-alone 5G coverage in major markets including Vancouver, Toronto, Ottawa and Montréal.

Telecoms have moved toward stand-alone 5G for a variety of reasons, including lower costs, better efficiency and the application of new use cases to 5G networking. The initial launches of 5G networks were non-stand-alone networks, which used existing 4G LTE networks for control functions while focusing 5G on the user-facing plane.

Rogers is in the middle of a family fight for control, with its ousted Chairman Edward Rogers pushing to remove five directors and replace them with his own slate.

Over the current book year the company from Chandler could achieve a revenue around 945.12 million USD (consensus estimates). This is quite more than 2021's revenue of 802.58 million USD.

Historical revenues and results Rogers Corp plus estimates 2021

The analysts expect for 2021 a net profit of 128 million USD. According to most of the analysts the company will have a profit per share for this book year of 7.14 USD. The price/earnings-ratio therefore equals 37.75.

Analysts don't expect the company to pay a dividend. The average dividend yield of the hardware & equipment companies is a limited 1.41 percent.

Rogers Corp 's market capitalization is based on the number of outstanding shares around 5.01 billion USD. 111

On Friday the stock closed at 269.5 USD.

Historical stock prices Rogers Corp past 10 years

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