Investors too focused on Rogers wireless division: analyst
telecom | 09/20/2019 4:59 pm EDT
Investors are overly preoccupied with the wireless divisions of telecom companies, and as such have been overly punitive toward Rogers Communications Inc. this summer, according to a look in on the telecom industry published Thursday by National Bank Financial Markets analyst Adam Shine.
In mid-June, when Rogers introduced its “unlimited” data plan, the other big telecom companies quickly followed suit, introducing or announcing their own unlimited plans. Prices then dropped across the industry, according to Consumer Price Index data from Statistics Canada released in August.
...