Rogers Communications missed analysts’ profit estimates this quarter, reporting fewer new customers than projected.
Chief Executive Officer Guy Laurence, who’s held the role for less than a year, has seen hs company’s share price drop 10% while at the helm—a steeper drop than any other major Canadian telco.
During a conference call following Rogers’ quarterly earnings report, Laurence called competitor Bell a “cry baby.” The name-calling came after Bell complained to the Canadian Radio-Television and Telecommunications Commission, claiming Rogers was breaking competition rules by limiting access to certain features. (Rogers paid $5.2 billion in 2013 for 12 years’ worth of rights to air National Hockey League games in Canada.)
Rogers’ quarterly revenue rose 1% to $3.25 million.
Interested in staying on top of the Canadian wireless space? Check out the annual Canadian Wireless Trade Show.
Slated for next week in Toronto, this year’s CWTS promises to deliver another plethora of networking opportunities, employee education, and product discovery, as well as insights into global wireless trends.
For 2014, speakers include social media butterfly Amber Mac, Sachin Mahajan of Telus Mobility, and Nikhil Rattan of Best Buy Canada, as well as Samsung Canada’s Paul Brannen and Derek Colfer of Visa. Register online to attend for free.